Bitfarms has soared nearly 90% in 2025, outperforming Bitcoin’s 5% loss. The company is transitioning from Bitcoin mining to energy and digital services for AI data centers, with plans to wind down mining operations entirely. Bitfarms is adapting to market changes by repurposing its facilities to meet growing demand for energy.

Bitfarms CEO Ben Gagnon believes the company can generate more revenue from offering GPUs as a service than from Bitcoin mining. Bitfarms has already secured a $128 million deal with a large American multinational for data center infrastructure. The company is set to complete its Washington site conversion by the end of 2026, with development plans in Quebec and Pennsylvania.

As Bitcoin mining becomes less profitable, companies like Bitfarms are shifting focus to energy and data centers for AI. High-risk investors should take note of Bitfarms’ adaptability and strategic moves in the evolving market. The company’s ability to pivot and seize new opportunities positions it for potential success in the future.

Investors considering Bitfarms should note that the Motley Fool Stock Advisor team did not include it among their top 10 stock picks. The 10 stocks they did select are projected to yield significant returns in the upcoming years, similar to past recommendations like Netflix and Nvidia.

Read more at Yahoo Finance: The Bitcoin Mining Play to Watch