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Bitcoin Miner Bitfarms to Wind Down BTC Operations and Pivot to AI Infrastructure Amid $46 Million Q3 Loss
ByAinvest
Thursday, Nov 13, 2025 9:20 pm ET1min read
Bitfarms, a publicly traded Bitcoin miner, will wind down its BTC operations and pivot to AI infrastructure due to a $46 million net loss in Q3. The firm plans to convert its Washington site to support Nvidia GB300s with state-of-the-art liquid cooling and "wind down" its Bitcoin mining business throughout 2026 and 2027. Shares of BITF finished the trading day down 18%.
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