Bitfarms Expands Leadership Bench to Support AI HPC Build-Out, US Domiciliation
Bitfarms (NASDAQ: BITF) is bolstering its leadership ranks with a series of hires aimed at accelerating the company’s expansion into HPC infrastructure while preparing for a shift toward U.S. corporate domiciliation.
The Canadian bitcoin miner said Monday it has appointed six executives across infrastructure and corporate roles as it advances new development projects and builds out an operational base in New York.
The additions include Michael Byrne as senior vice president of construction, Christopher Ruppel as senior vice president of power, Paul Peterson as vice president of HPC operations and Kevin Roberts as director of permitting, alongside corporate hires Tara Goldstein as senior vice president of marketing and Thomas Tyree III as senior vice president of finance and strategy.
Bitfarms CEO Ben Gagnon said the hires will help the company deepen its domestic leadership bench as Bitfarms pushes forward with U.S. expansion and a broader infrastructure strategy.
“As we continue toward U.S. domiciliation and advance our sites, building a seasoned domestic leadership bench is essential,” Gagnon said in a statement.
The infrastructure hires reflect Bitfarms’ growing focus on HPC and AI data center development — an increasingly common pivot among bitcoin miners seeking to diversify revenue streams and leverage their access to power and land.
Byrne, who previously held roles at project management firms Linesight and Aurecon, will oversee the construction of Bitfarms’ HPC and AI data center projects. Ruppel joins from MARA Holdings, where he led energy development strategy, bringing experience in structuring large-scale power projects for compute infrastructure. Peterson, formerly with JLL Global and CBRE, will oversee operations for the company’s HPC facilities, while Roberts will handle permitting and regulatory approvals for new campuses across the U.S.
Bitfarms also strengthened its corporate team as it prepares for the next stage of its growth. Goldstein previously led marketing initiatives at Brookfield Properties, while Tyree joins from Stronghold Digital Mining, where he helped lead the company’s initial public offering and financing efforts prior to its sale to Bitfarms.
The Stronghold acquisition, announced in 2024 and completed last year, expanded Bitfarms’ U.S. footprint by adding power-generation and mining facilities in Pennsylvania. The deal was a strategic step toward shifting Bitfarms’ headquarters to the United States and positioning it to develop energy-intensive computing infrastructure.
Bitfarms has since signaled plans to pursue U.S. domiciliation, joining a growing list of crypto mining companies seeking closer alignment with U.S. capital markets and infrastructure investors.
