Keel Infrastructure Corp.
Bitfarms Ltd. (Nasdaq: BITF; TSX: BITF) is a North American digital and energy infrastructure company developing, owning, and operating data centers and energy infrastructure for high-performance computing and artificial intelligence workloads. The company maintains legacy Bitcoin mining operations to fund development… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Keel Infrastructure Corp. does
In the company’s own words
Bitfarms Ltd. (Nasdaq: BITF; TSX: BITF) is a North American digital and energy infrastructure company developing, owning, and operating data centers and energy infrastructure for high-performance computing and artificial intelligence workloads. The company maintains legacy Bitcoin mining operations to fund development efforts while transitioning its asset portfolio toward HPC infrastructure. Bitfarms was founded in 2017 and is undergoing a U.S. redomiciliation expected to complete in April 2026, whereby shareholders will exchange their shares for common stock of Keel Infrastructure Corp., a newly formed Delaware corporation that will trade under the ticker "KEEL" on Nasdaq and the Toronto Stock Exchange.
The company operates through two primary business lines. HPC Infrastructure represents the primary growth area, encompassing the development of data centers designed to support HPC and AI workloads for lease to hyperscalers, cloud service providers, and enterprises under long-term contracts. Bitcoin Mining, the legacy business, currently generates cash flow through ASIC mining operations contributing to mining pools under full pay-per-share arrangements. As of December 31, 2025, the company operated 113,649 ASIC miners with total hashrate of 14.8 exahashes per second.
Bitfarms maintains a 2.2 gigawatt power capacity pipeline comprising 648 megawatts of secured capacity and 1,513 megawatts in planned development across U.S. and Canadian sites. Key development sites include Panther Creek and Scrubgrass in Pennsylvania, Sharon in Pennsylvania, Moses Lake in Washington, and eight sites in Quebec powered by renewable hydroelectricity. The company has committed $129 million for critical equipment and building materials at Moses Lake through a turnkey agreement with Vertiv Group, representing its first purpose-built HPC data center development project.
The company employs approximately 274 people across Canada and the United States. Bitfarms holds structural competitive advantages including scarce, high-value power positions in supply-constrained geographies, proven infrastructure development capability, operational expertise in power and energy management, organizational agility, and financial capacity. As of March 30, 2026, the company maintained approximately $520 million in liquidity comprising cash and Bitcoin. More information is available at www.bitfarms.com.
Company details
- Sector
- Financials
- Industry
- Finance Services
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 1812477
- SIC
- 6199
Financial performance, year by year
Fiscal 2025–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Keel Infrastructure Corp. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Keel Infrastructure Corp.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Keel Infrastructure Corp.’s bonds, as funds hold them
Funds report holding 1 issues of Keel Infrastructure Corp.’s debt, $7.58M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 1.25%, maturing 2032 to 2032.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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