Bitfarms Partners with T5 to Expand AI and HPC Infrastructure in Pennsylvania

Bitfarms Ltd. (NASDAQ/TSX: BITF) has formed a strategic partnership with T5 Data Centers, LLC to develop high-performance computing (HPC) and artificial intelligence (AI) infrastructure at its Panther Creek campus in Pennsylvania. The collaboration, announced on August 5, 2025, is focused on pre-construction planning and development approval processes to support a major digital infrastructure investment [1]. T5 will be responsible for constructing the facility and managing its operations, offering clients scalable and customizable solutions to meet the increasing demand for AI and HPC services.

The Panther Creek campus is a key element of Bitfarms’ 1 GW infrastructure pipeline, a project that aligns with the Trump administration’s broader AI investment strategy in Pennsylvania. Bitfarms CEO Ben Gagnon highlighted T5’s expertise in data center development and its strong track record in construction and operations as key reasons for the partnership. Gagnon also emphasized the strategic importance of Pennsylvania as a central hub for future data center development [1].

T5’s President and COO, Tom Mertz, expressed confidence in the potential of the Panther Creek site, stating that the location is well-positioned to support the next phase of Bitfarms’ growth in the AI sector. The partnership is expected to enhance the performance and reliability of the infrastructure while accelerating the deployment of advanced computing capabilities [1].

Bitfarms currently operates 15 data centers across four countries, including the United States, Canada, Argentina, and Paraguay. The company’s expansion into HPC and AI reflects a broader industry trend driven by rising demand for computing power. The collaboration with T5 supports Bitfarms’ goal of strengthening its North American footprint and vertically integrating its energy and compute infrastructure [1].

The partnership is also in line with Bitfarms’ financial outlook, as the company prepares to release its year-over-year earnings for the quarter ending June 2025 on August 12. Analysts with Zacks expect the firm to report higher revenues, although a quarterly loss of $0.01 per share is projected, representing a significant change from the previous period [1].

Bitfarms’ strategic engagement with T5 Data Centers is a clear step toward solidifying its position in the evolving AI infrastructure market. As demand for HPC and AI continues to grow, the partnership positions Bitfarms to seize emerging opportunities and advance its long-term development goals [1].

References:

[1] https://investor.bitfarms.com/news-releases/news-release-details/bitfarms-announces-partnership-t5-data-centers-advance-hpcai