To effect the U.S. redomiciliation, each outstanding common share of Bitfarms (BITF) will be exchanged for one share of common stock of Keel Infrastructure. Upon completion, Keel Infrastructure US Common Stock is expected to trade on the Nasdaq and the Toronto Stock Exchange under the ticker KEEL.

The company’s board has approved the plan, which remains subject to receipt of shareholder, stock exchange and court approvals. Bitfarms (BITF) will seek shareholder approval of the plan at a meeting on March 20.

The move, which is expected to be completed on or about April 1, 2026, marks the final phase of Bitfarms’ (BITF) pivot to the U.S. In August, BITF made a commitment to convert to U.S. GAAP accounting standards.

Bitfarms’ (BITF) existing operations or facilities in Canada and the U.S. are not expected to be impacted by the U.S. redomiciliation. Several external advisors have been engaged to assist in the transaction, it said.

The post Bitfarms plans U.S. redomiciliation as part of AI transition; stock spikes appeared first on Up2info.com.

Monday – January 12

• Volatility watch – AST SpaceMobile (ASTS) and Oklo (OKLO) are set up for a volatile week of trading based on options volume. The most overbought stocks per their 14-day relative strength index include Amicus (FOLD), Shattuck Labs (STTK), and Dynavax (DVAX). The most oversold stocks per their 14-day Relative Strength Index include CVR Energy (CVI), Lamb Weston (LW), and AudioEye (AEYE).
• IPO watch – No significant IPOs are scheduled for the week. The analyst quiet period expires on Medline (MDLN), Andersen Group (ANDG), and Starfighters Space (FJET) to free up analysts to post ratings. The IPO lockup period expires for blocks of shares of Delixy (DLXY) and Masonglory (MSGY).
• Dividend watch – Companies that have an ex-dividend date coming next week include AT&T (T), Verizon (VZ), Comcast (CMCSA), and Abbott Labs (ABT).
• Spotlight on ICR – One of the biggest retail conferences of the year will take place. The ICR Conference typically includes a wave of holiday sales updates and full-year guidance announcements. Notable companies participating include Walmart (WMT), Urban Outfitters (URBN), Shake Shack (SHAK), Movado (MOV), and Yeti Holdings (YETI).
• All day – The four-day JPMorgan Healthcare Conference begins in San Francisco. The conference is considered one of the most important of the year in the healthcare sector. Johnson & Johnson (JNJ), Novartis (NVS), AstraZeneca (AZN), Bristol-Myers Squibb (BMY), and Kodiak Sciences (KOD) are some of the notable companies making presentations. FDA Commissioner Marty Makary will give a dedicated keynote talk on regulatory priorities, accelerated approvals, AI in drug development, and safety/efficacy standards.
• All day – The National Retail Federation’s Big Show event will take place in New York City. BJ’s Wholesale Club (BJ) CEO Robert Eddy, Dick’s Sporting Goods (DKS) Executive Chairman Ed Stack, and Abercrombie & Fitch (ANF) CEO Fran Horowitz will be giving speeches or participating in fireside chats.
• All day – The USDA will issue its monthly World Agricultural Supply & Demand Estimates report. WASDE includes U.S. and world supply-demand tables for wheat, rice, coarse grains (such as corn, sorghum, barley, oats), oilseeds (notably soybeans), and cotton, plus some coverage of sugar and livestock.
• All day – Shareholders of Avadel Pharmaceuticals (AVDL) vote on the buyout offer from Alkermes (ALKS). AVDL traded about 4% below the buyout price of $22.50 at the time of publication.
• 10:35 a.m. St. Louis Federal Reserve Bank President Alberto Musalem will speak on the U.S. economy and monetary policy before an MNI webinar.
• 6:00 p.m. New York Federal Reserve Bank President John Williams will give a keynote before the C. Peter McColough Series on International Economics event organized by the Council on Foreign Relations.

Tuesday – January 13

• Earnings watch – Notable companies due to report include JPMorgan Chase (JPM), Bank of New York Mellon (BK), and Delta Air Lines (DAL).
• All day – The three-day Needham Growth Conference features a long list of companies presenting, including PagerDuty (PD), Surf Air Mobility (SRFM), Bitfarms (BITF), and Navitas (NVTS).
• All day – It is the five-year anniversary of Affirm Holdings’ (AFRM) IPO. The stock traded 67% above the IPO price of $49 at the time of publication.
• All day – Shareholders with Denny’s (DENN) will vote on the deal to be taken private by TriArtisan Capital Advisors (owner of TGI Fridays and P.F. Chang’s).
• 8:30 a.m. The Consumer Price Index report for December will be released by the U.S. Bureau of Labor Statistics. Economists expect the core inflation rate to remain level at 2.7%.
• 9:00 a.m. The New Home Sales report will be released by the U.S. Census Bureau.

Wednesday – January 14

• Earnings watch – Notable companies due to report include Bank of America (BAC), Wells Fargo (WFC), Citigroup (C), and H.B. Fuller (FUL).
• All day – The Detroit Auto Show will include press conferences and model reveals from major automakers. The winners of the 2026 North American Car, Truck and Utility Vehicle of the Year Awards will also be announced.
• All day – OPEC will publish its monthly oil market report.
• 8:30 a.m. The U.S. Census Bureau is scheduled to release the November Retail Sales report.
• 9:50 a.m. Philadelphia Federal Reserve Bank President Anna Paulson speaks on the economic outlook before the Chamber of Commerce for Greater Philadelphia State of the Economy event.
• 2:00 p.m. The Federal Reserve will release its Beige Book Report. The report will summarize current economic conditions across the Fed’s districts.
• 2:10 p.m. New York Federal Reserve Bank President John Williams will give opening remarks before an event organized by the Federal Reserve Bank of New York.

Thursday – January 15

• Earnings watch – Notable companies due to report include Morgan Stanley (MS), Goldman Sachs (GS), BlackRock (BLK), and JB Hunt Transport (JBHT).
• All day – Costco (COST) will hold its annual meeting. Shareholders will vote on the usual director elections, auditor ratification, say-on-pay, and at least one shareholder proposal related to ESG/climate issues. There has been speculation that Costco (COST) may announce a special dividend this year.
• All day – Traders have their eyes on the release of the Cocoa Association of Asia’s quarterly grindings report.
• All day – Bank credit card metric reports will be closely watched for signs that consumers are buckling to financial pressure. American Express (AXP), Bank of America (BAC), Citigroup (C), Capital One Financial (COF), Discover Financial (DFS), JPMorgan (JPM), and Synchrony Financial (SYF) are all due to update on credit card net charge-offs and delinquency rates for December.
• All day – Topgolf Callaway (MODG) will officially revert to its old name, Callaway Golf, following the sale of a controlling stake of the Topgolf business.

Friday – January 16

• All day – It is the last day before the FOMC blackout period ahead of the next meeting begins. Fed Vice Chair Philip Jefferson, Fed Vice Chair for Supervision Michelle Bowman, Fed Governor Michael Barr, and Fed Governor Stephen Miran all have talks planned.

Seeking Alpha Editor Josh Fineman contributed to this story.

The post Catalyst Watch: Big bank earnings, major healthcare + retail conferences, Fedspeak flurry, CPI appeared first on Up2info.com.

The Toronto-based energy and digital infrastructure company is expected to receive $9M in cash upon the close of the transaction and up to $21M over the coming ten months on satisfaction of certain payment milestones.

BITF shares were +3.83% pre-market to $2.44.

Sympatheia, a crypto infrastructure fund managed by Singapore-based Hawksburn Capital, will acquire the shares of the single-purpose subsidiary that holds all the operating assets related to the Paso Pe bitcoin mining site.

The transaction is expected to close within 60 days.

“I’m pleased to announce the strategic sale of our Paso Pe site and decisive rebalancing of our energy portfolio to 100% North American,” said CEO Ben Gagnon.

The post Bitfarms exits Latam with up to $30M sale of Paso Pe bitcoin mining site appeared first on Up2info.com.

Stock futures inched up in Friday’s premarket session, positioning the holiday-shortened week and November close on an upbeat trajectory despite disruptions from a CME outage triggered by cooling failures at CyrusOne data centers that halted futures and options trading across equities, commodities, FX, and bonds.

Biggest stock gainers

• Bitfarms (BITF) +4% – Crypto-related stocks gained traction on Friday with Bitcoin stabilizing around $91,658 after briefly dropping near $80,000 last Friday, its lowest level since April; peers including Marathon Holdings (MARA), MicroStrategy (MSTR), Riot Platforms (RIOT), Robinhood Markets (HOOD), Coinbase Global (COIN), HIVE Digital Technologies (HIVE) also advanced 1% to 3%.

The post Biggest stock movers Friday: BITF, and more appeared first on Up2info.com.

“We believe that the conversion of just our Washington site to GPU-as-a-Service could potentially produce more net operating income than we have ever generated with bitcoin mining, providing the company with a strong cashflow foundation that could fund opex, G&A, and debt service and contribute to capex as we wind down our bitcoin mining business in 2026 and 2027,” CEO Ben Gagnon said in a statement.

Bitfarms (BITF) stock dropped 11% in Thursday midmorning trading. The company also posted a bigger-than-expected loss in Q3 2025 amid the strategy shift.

The post Bitfarms winds down bitcoin mining, looking to more profitable HPC/AI appeared first on Up2info.com.

“We continue to execute on our strategy to pivot from an international Bitcoin miner to a North American energy and digital infrastructure company,” said CEO Ben Gagnon. “Beyond Washington, everything in our portfolio is being built to support Nvidia’s next generation Vera Rubin GPUs which are expected to ship in Q4 2026. With almost twice the energy density of Nvidia’s Blackwell GPUs, there is not a data center that exists today that can support Nvidia’s next generation of AI hardware.”

Q3 GAAP EPS of -$0.08, vs. the average analyst estimate of -$0.02, widened from -$0.05 in Q2 and -$0.05 in last year’s Q3.

Q3 revenue of $69.3M, missing the $84.7M consensus, decreased from $77.8M in the previous quarter and jumped from $27.1M in the year-ago period.

General and administrative expenses fell to $17.0M from $21.4M in Q2 and $25.3M in last year’s Q3,

Gross margin of -4% improved from -7% in Q2 and -7% in Q3 2024.

Adjusted EBITDA of $19.6M, trailing the Visible Alpha consensus of $31.5M, grew from $13.7M in the prior quarter and $2.20M a year ago.

During Q3, Bitfarms (BITF) earned 520 bitcoins (BTC-USD), less than the Visible Alpha estimate of 731, down from 718 in Q2 and up from 520 in Q3 2024. Total cash cost per bitcoin was $82,400, compared with $77,100 in the prior quarter and $53,800 a year ago.

The post Bitfarms stock slides after big Q3 miss amid pivot to energy/digital infrastructure appeared first on Up2info.com.

The post Bitfarms GAAP EPS of -$0.08 misses by $0.06, revenue of $69.25M misses by $15.41M appeared first on Up2info.com.

The post Bitfarms to convert Washington site for high-performance computing and AI workloads appeared first on Up2info.com.

The post Bitfarms Q3 Earnings Preview appeared first on Up2info.com.

Here are some of Wednesday’s biggest stock movers:

Biggest stock gainers

• Digital Turbine (APPS) +25% – Shares jumped after the company beat expectations on both profit and revenue and raised its full-year outlook. The company now sees FY2026 revenue of $540M–$550M and adjusted EBITDA of $100M–$105M, representing midpoint increases of $12.5M in revenue and $9M in EBITDA from prior guidance. “Momentum across our core businesses remains strong,” said CFO Stephen Lasher.
• Rivian (RIVN) +3% – Shares rose after reporting a smaller-than-expected loss, with revenue of $1.56B nearly doubling from a year ago and topping estimates by about $50M, driven by a 324% jump in software and services and a 47% rise in automotive revenue. The company reaffirmed its FY25 outlook for 41,500–43,500 vehicle deliveries (vs. 42,544 consensus) and an adjusted EBITDA loss of $2B–$2.25B, with the midpoint slightly better than expectations. Capex remains guided to $1.8B–$1.9B. Rivian also said it remains on track to launch its new mid-size R2 SUV, with deliveries expected in the first half of 2026.

Biggest stock losers

• Pinterest (PINS) -20% – Shares plunged as disappointing Q3 results coupled with below-consensus guidance for Q4 overshadowed a 17% revenue increase and growth in active users. For Q4, the company expects revenue of $1.31B–$1.34B, with the midpoint of $1.325B coming in just below the $1.34B consensus. The company guided adjusted EBITDA to $533M–$558M vs. expectations of $552.8M.
• Arista Networks (ANET) -13% – Shares dipped despite reporting Q3 results that beat expectations, with revenue rising 27% Y/Y. For Q4, the company guided revenue to $2.3B–$2.4B (midpoint $2.35B vs. $2.33B consensus) and sees an adjusted gross margin of 62%–63% compared to the 63.2% estimate, alongside an adjusted operating margin of 47%–48%. CEO Jayshree Ullal said Arista remains well-positioned as a strategic networking provider, citing continued momentum across data center, cloud, and AI-driven networking demand.
• Super Micro (SMCI) -9% – Shares tumbled after its FQ1 results came in below expectations, although the company issued a significantly stronger revenue outlook. For FQ2, Supermicro forecasts revenue of $10B–$11B, midpoint $10.5B, surpassing the consensus of $8.05B, and adjusted EPS of $0.46–$0.54, below the consensus of $0.62. Analysts noted that the Q1 miss reflected the timing of cloud customer orders rather than weakening demand, with the company still seen as well-positioned in the AI server supply chain. Management highlighted a rapidly expanding order book, including more than $13B in Blackwell Ultra systems, and said it expects at least $36B in revenue for FY2026.
• Advanced Micro Devices (AMD) -5% – Shares fell despite the company posting better-than-expected Q3 results and issuing upbeat Q4 guidance. The chipmaker expects Q4 revenue of $9.3B–$9.9B (midpoint $9.6B vs. consensus $9.21B) and sees adjusted gross margin at 54.5%. The forecast excludes potential MI308 AI chip sales to China. CEO Lisa Su highlighted record revenue driven by strength in EPYC, Ryzen, and Instinct AI accelerators, adding that the company is seeing a “clear step up” in growth momentum, particularly in data center AI.
• HIVE Digital Technologies (HIVE) -2% – Crypto-related stocks continued to slide as Bitcoin (BTC-USD) extended its fall, now down ~20% from its recent record high and entering bear market territory amid broad liquidations and risk-off sentiment. Crypto-linked equities continued to drift lower after yesterday’s declines of 6% to 9%: MicroStrategy (MSTR) -1%, Coinbase (COIN) -0.5%, Riot (RIOT) -1%, MARA (MARA) -1%, Bitfarms (BITF) -2%, and Robinhood (HOOD) -2.1%.

The post Biggest stock movers Wednesday: AMD, SMCI, ANET, crypto-related stocks, and more appeared first on Up2info.com.