---
title: "Bitfarms Seeks Shareholder Approval to Redomicile to U.S. and Rebrand as Keel Infrastructure"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278176479.md"
description: "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."
datetime: "2026-03-06T22:28:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278176479.md)
  - [en](https://longbridge.com/en/news/278176479.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278176479.md)
---

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

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The latest announcement is out from Bitfarms ( (TSE:BITF) ).

Bitfarms has called on its shareholders of record as of February 13, 2026 to vote at a special meeting scheduled for March 20, 2026 on a plan to redomicile the company from Canada to the U.S. and rebrand as Keel Infrastructure. The board is unanimously backing the arrangement resolution, which requires approval by at least two‑thirds of votes cast, framing the move as a strategic pivot to become an infrastructure‑led developer of HPC and AI data centers across North America.

The most recent analyst rating on (TSE:BITF) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on Bitfarms stock, see the TSE:BITF Stock Forecast page.

**Spark’s Take on TSE:BITF Stock**

According to Spark, TipRanks’ AI Analyst, TSE:BITF is a Neutral.

Bitfarms’ overall score is primarily impacted by its financial performance, which is weighed down by consistent losses and negative cash flows. The earnings call provides a positive outlook with strategic initiatives, but technical analysis and valuation remain weak, reflecting ongoing challenges.

To see Spark’s full report on TSE:BITF stock, click here.

**More about Bitfarms**

Bitfarms Ltd. is a digital infrastructure company pivoting from its origins in cryptocurrency mining toward becoming an infrastructure‑first owner and developer of high‑performance computing and AI‑focused data centers. The company operates across North America and is seeking to reposition itself under the new brand Keel Infrastructure, with shares listed in both the U.S. and Canada.

**Average Trading Volume:** 4,704,523

**Technical Sentiment Signal:** Buy

**Current Market Cap:** C$1.72B

Learn more about BITF stock on TipRanks’ Stock Analysis page.

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