Bitfarms LTD

Market Movers (8-K)

Keel Infrastructure Corp. announced the appointment of Ganesh Aiyer as President, effective July 6, 2026, bringing extensive experience in data center commercial strategy and operations.
Keel Infrastructure Corp. has appointed PricewaterhouseCoopers LLP (United States) as its new independent registered public accounting firm, replacing PricewaterhouseCoopers LLP (Canada) due to the company's redomiciliation to the U.S.
Keel Infrastructure Corp. has priced an upsized $400 million offering of 1.250% convertible senior notes due 2032 to fund data center development.
Capital raise
Keel Infrastructure Corp. plans to raise $350 million through a convertible senior note offering to fund data center expansion.
Capital raise
Keel Infrastructure Corp. announced its first quarter 2026 financial results, highlighting a strategic transformation towards North American digital and energy infrastructure for HPC/AI markets, supported by substantial liquidity.
Worse than expected
Keel Infrastructure Corp. has formalized new employment agreements for key officers following its U.S. redomiciliation, outlining base salaries, bonus targets, and restrictive covenants.

Quarterly Earnings (10-Q)

Keel Infrastructure Corp. (formerly Bitfarms Ltd.) filed its Q1 2026 10-Q, detailing a significant net loss and a strategic pivot towards High-Performance Computing (HPC) and Artificial Intelligence (AI) infrastructure.
Capital raise
Worse than expected

Insider Trading (Form 4)

Benjamin Gagnon, Chief Executive Officer and a Director of Bitfarms Ltd, reported multiple transactions in common stock on July 10, 2026.
Liam Daniel Wilson, Chief Operating Officer of Bitfarms Ltd, reported multiple transactions in common stock on July 10, 2026.
Marc-Andre Ammann, Principal Accounting Officer of Bitfarms Ltd, reported multiple transactions in common stock on July 10, 2026.
Rachel Rose Silverstein, EVP, General Counsel, Corp Sec of Bitfarms Ltd, reported multiple transactions in common stock on July 10, 2026.
Ganesh Aiyer, President of Bitfarms Ltd, reported multiple transactions in common stock on July 9, 2026.
Keel Infrastructure Corp. reports an extension of stock option expiration dates for CEO Benjamin Gagnon, impacting 500,000 options.

Schedule 13D - Activist Investments

Riot Platforms, Inc. has filed its final amendment to Schedule 13D, indicating it has ceased to be a beneficial owner of more than 5% of Bitfarms Ltd.'s common shares.
Worse than expected
Riot Platforms, Inc. has reduced its beneficial ownership in Bitfarms Ltd. to 7.2% through a series of open market share sales.
Worse than expected
Riot Platforms, Inc. has substantially decreased its beneficial ownership in Bitfarms Ltd. to 8.3% through a series of open market share sales.
Worse than expected
Riot Platforms, Inc. has filed an Amendment No. 19 to its Schedule 13D, disclosing a reduction in its beneficial ownership of Bitfarms Ltd. common shares to 9.8% following recent open market sales.
Worse than expected
Riot Platforms, Inc. has filed an Amendment No. 18 to its Schedule 13D, disclosing the sale of over 6.3 million Bitfarms Ltd. common shares while maintaining an 11.2% beneficial ownership stake with voting power capped at 9.9%.
Worse than expected
Riot Platforms, Inc. has filed Amendment No. 17 to its Schedule 13D, disclosing the sale of over 6.4 million Common Shares of Bitfarms Ltd. and updating its beneficial ownership to 12.3% of outstanding shares.
Worse than expected

Schedule 13G - Passive Investments

Jane Street Group, LLC, along with its affiliates Jane Street Capital, LLC and Jane Street Global Trading, LLC, has reported beneficial ownership of 5.1% of Keel Infrastructure Corp.'s common stock.
Jane Street Group, LLC and its affiliates have reported beneficial ownership of 3.8% of Keel Infrastructure Corp.'s common shares as of March 31, 2026.
Citadel Securities GP LLC, Citadel Securities Group LP, and Kenneth Griffin have reported a 4.0% beneficial ownership stake in Bitfarms Ltd. common shares.
Jane Street Group, LLC and its affiliates have disclosed a beneficial ownership of 5.6% in Bitfarms Ltd., totaling 33,552,042 common shares as of December 31, 2025.
Jane Street Group, LLC and its affiliates have reported a beneficial ownership of 5.4% in Bitfarms Ltd., totaling 29,920,704 common shares.