Bitfarms transfers focus to AI and rebrands as Keel Infrastructure with plans to relocate to the US

Bitfarms is rebranding to Keel Infrastructure and transitioning to AI computing. The company plans to relocate to the U.S. And seeks shareholder approval for this change.

In response to the announcement, Bitfarms shares (BITF) increased nearly 27%, reflecting a positive trend in the crypto equity market and indicating broader recovery in the sector.