
Bitfarms Seeks Shareholder Approval to Redomicile to U.S. and Rebrand as Keel Infrastructure

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Bitfarms (TSE:BITF) is seeking shareholder approval to redomicile from Canada to the U.S. and rebrand as Keel Infrastructure. A special meeting is scheduled for March 20, 2026, requiring at least two-thirds approval. The board supports this strategic shift towards developing HPC and AI data centers in North America. Despite a recent Buy rating with a C$7.00 price target, Bitfarms faces challenges with consistent losses and negative cash flows, impacting its overall score. The company aims to reposition itself as an infrastructure-focused entity, operating under the new brand in both U.S. and Canadian markets.
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