Bitfarms posts $284.5M 2025 net loss as BTC fell; BITF shares rise 6.6%

Bitfarms (BITF) reported a $284.5 million net loss for 2025, citing weaker Bitcoin prices and elevated cost of revenue, while its shares still gained 6.6% on Tuesday. The miner said it is about five months into shifting from Bitcoin mining toward high-performance computing and AI, with a plan to rebrand to Keel Infrastructure on Wednesday and relocate its legal base from Canada to the US.