Bitfarms sold all of its bitcoin in the third quarter
BROBROK News · Based on reporting by Livecoins ·
Bitfarms, now known as Keel Infrastructure Corp, said it sold all 2,520 BTC it held during the third quarter, raising about $192 million. The company also said bitcoin mined in Quebec will now be sold daily, removing exposure to price swings in its reserves.
Key points
- The company said it sold 2,520 BTC in Q3 2026.
- The sales generated about $192 million.
- Bitcoin mined in Quebec will be sold daily going forward.
- Keel said the funds will support expansion plans and operations.
- The firm is also shifting part of its business toward AI and HPC.
Why it matters
The decision adds to a broader pattern among public miners using bitcoin sales to fund operations rather than keep large treasury balances. That can influence market supply from miner-held BTC.
Original headline: “Mineradora Bitfarms revela que vendeu todos os seus bitcoins no último trimestre”
Read the original on Livecoins
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.