Bitfarms Stock Pumps as It Dumps Bitcoin Mining for AI With Name Change, Move to US

In brief

• Bitfarms plans to change its name to Keel Infrastructure and move to the U.S. as it transitions away from Bitcoin mining.
• The firm will hold a special shareholder vote on March 20 to seek approval for the move.
• Shares of BITF are up nearly 27% on Friday amid a crypto equities and token bounce.