Bitfarms to pivot from Bitcoin mining to AI energy infrastructure
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- 1Ben Ganong is pursuing a strategy to transition from Bitcoin mining to a pure energy infrastructure business supporting AI and high-performance computing.
- 2The board appointed Ben Ganong following a $930 million hostile takeover bid from Riot Platforms.
- 3On April 1, 2026, the franchise will be reborn as Kill Infrastructure and will change its residence from Canada to the United States.
So what's the key point?
Bitfarms is changing its business from mining Bitcoin to providing the energy needed for artificial intelligence. This change was decided after a $930 million takeover bid was made.
Source Fortune · View original ↗
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