Skip to main content

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

Tipranks - Tipranks - Sat Mar 7, 4:38PM CST

Claim 70% Off TipRanks Premium

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.

Disclaimer & DisclosureReport an Issue

Trending Articles

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).