Shares of Bitfarms Ltd. surged 5.16% during intraday trading on Tuesday, following the release of the company's fiscal year 2025 financial results and strategic business update.

The digital infrastructure company reported a 72% year-over-year increase in revenue to $229 million. The results were accompanied by significant strategic announcements, including shareholder approval for the company's redomiciliation from Canada to the United States and a rebrand to Keel Infrastructure, expected to be completed on or about April 1, 2026. The company highlighted its strong liquidity position of approximately $520 million in cash and Bitcoin as of March 27, 2026, and is advancing a 2.2 gigawatt development pipeline across North America focused on high-performance computing and artificial intelligence infrastructure.

CEO Ben Gagnon stated that the company's 2025 build-out was in service of meeting the exponential growth demand for HPC/AI infrastructure. The strategic pivot away from Bitcoin mining operations and towards North American HPC infrastructure, along with the planned U.S. listing under the new ticker "KEEL," appears to have generated positive investor sentiment, driving the stock's upward movement.