Bitfarms Ltd stock rises amid strong investor confidence in AI pivot
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 23 2025
0mins
Source: CNBC
Bitfarms Ltd's stock has surged by 5.08%, crossing above the 5-day SMA, despite the broader market decline with Nasdaq-100 down 0.34% and S&P 500 down 0.21%.
The surge is attributed to strong investor confidence in Bitfarms' transition to AI infrastructure, as the company is expected to sign three leasing agreements for AI data centers, which could significantly enhance its market value. Additionally, the company has a robust 2.2-gigawatt power pipeline, positioning it well for stable revenue generation in the AI sector.
This positive movement indicates that investors are optimistic about Bitfarms' future growth potential, particularly with the increasing demand for AI data centers, which could drive long-term profitability.
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Analyst Views on KEEL
Wall Street analysts forecast KEEL stock price to rise
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Current: 5.130
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Current: 5.130
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About KEEL
Bitfarms Ltd. is a Canada-based global Bitcoin and vertically integrated data center company that sells its computational power to one or more mining pools from which it receives payment in Bitcoin. It develops, owns, and operates vertically integrated mining facilities with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. Its proprietary data analytics system delivers operational performance and uptime. The Company operates through the cryptocurrency mining segment. The activities of the Company mainly consist of selling its computational power used for hashing calculations for the purpose of cryptocurrency mining in multiple jurisdictions. Volta, a wholly owned subsidiary of the Company, assists the Company in building and maintaining its data centers. The Company operates Bitcoin data centers in four countries: the United States, Canada, Paraguay, and Argentina.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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