Bitfarms shares surge after it ditches its 'bitcoin company' identity and doubles down on AI with U.S. move

The company said it will focus on building data centers for high-performance computing and artificial-intelligence workloads. What to know : Bitfarms unveiled plans to move its legal base from Canada to the United States, rebrand as Keel Infrastructure. The shift is part of the firm's pivot from bitcoin mining to building data centers for high-performance computing and artificial-intelligence workloads. The company has begun repaying a $300 million credit facility, starting with $100 million tied to its Panther Creek site. Bitfarms' (BITF) shares rose 18% on the news.