Bitfarms stock gains amid $284M net loss, AI pivot

Bitfarms' stock saw a more than 5% increase following the announcement of a $284 million net loss for 2025. This loss is attributed to the company's strategic shift from bitcoin mining to becoming a landlord for AI and high-performance computing (HPC) infrastructure. The company reported a significant 72% year-over-year revenue jump to $229 million, but incurred substantial operating losses during this transition. Bitfarms plans to rebrand as Keel Infrastructure and aims to fully exit its legacy bitcoin mining operations, leveraging a $520 million liquidity cushion for future development.