Bitfarms Shareholders Approve US Relocation and Rebranding to Keel Infrastructure
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Key Takeaways
- Shareholders approved the U.S. redomiciliation with 99.3% of votes cast in favor.
- The company will rebrand as Keel Infrastructure as part of a strategic shift toward digital and energy infrastructure.
Bitfarms Ltd. (NASDAQ/TSX: BITF) announced that its shareholders have approved a statutory plan of arrangement to redomicile the company from Canada to the United States. The vote took place during a special meeting on March 20, 2026.
As part of the redomiciliation, the company will rebrand as Keel Infrastructure (NASDAQ: KEEL). The transition is part of a strategic shift toward digital infrastructure and energy operations. The special resolution received support from approximately 99.3% of the votes cast, exceeding the required threshold of 66 2/3%.
CEO Ben Gagnon stated that the company has undergone business restructuring and portfolio growth over the past year. Recent corporate actions have focused on strengthening the balance sheet and recruiting specialized personnel to support the new infrastructure focus.
