Bitfarms stories

Aug 10, 2026

Keel Infrastructure shuts down US bitcoin mining operations, sells 1,085 BTC in AI pivot

Keel Infrastructure, formerly Bitfarms, has powered down all US bitcoin mining sites and sold 1,085 BTC for $75 million as part of its transition to high-performance computing and AI data center infrastructure. The company disclosed the moves in its second-quarter earnings.

Aug 10, 20262 sources

Keel Infrastructure shuts down all US bitcoin mining operations in pivot to AI data centers

Keel Infrastructure Corp., formerly Bitfarms, has decommissioned all of its US bitcoin mining operations and sold 1,085 BTC for $75 million as it transitions to high-performance computing infrastructure. The company's Q2 revenue fell 50% as it prepares sites for AI data center construction.

Aug 10, 20264 sources