KEEL — Bitfarms Ltd.

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Bitfarms Ltd.

Keel Infrastructure Corp. operates digital and energy infrastructure with focus on high-performance computing (HPC) and artificial intelligence (AI) workloads in North America, Canada, and the United States. It primarily owns and operates data centers housing computers to validate transactions on the bitcoin blockchain, as well as sells computational power used for hashing calculations for cryptocurrency mining. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$4.39
Market Cap$2.75B
Float577.5M
Shares Outstanding603.8M
P/E (Forward)84.03
Price/Sales (TTM)11.82
Profit Margin-171.23%
Operating Margin (TTM)-143.66%
Revenue (TTM)$219M
Dividend RateNone

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $34.7M -$16.3M $2.9M $1.5M
2021 $169M $22.1M $111M $70.5M
2022 $142M -$176M $10.5M -$106M
2023 $146M -$109M -$21.5M -$17.4M
2024 $193M -$54.1M -$32.4M $74.4M
2025 $229M -$285M -$18.9M -$150M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $77.8M -$28.8M
Sep 2025 $69.2M -$80.8M
Dec 2025 $15.4M -$139M
Mar 2026 $37.0M -$145M

Ownership & Float

Insider Ownership4.6%
Institutional Ownership31.4%
Short Float12.6%
% of All Funds Holding2.06%
Number of Funds Holding169

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$2.81Near-term / short-term trend
Weekly40-Week SMA$2.72Medium-term trend
Weekly80-Week SMA$2.02Cyclical trend (business cycle)
Weekly200-Week SMA$1.78Secular trend (multi-year)
Monthly10-Month SMA$2.79Near-term monthly trend
Monthly20-Month SMA$2.04Medium-term monthly trend
Monthly40-Month SMA$1.93Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$1.40 support 2.64x 7 months ago

Historical Earnings Reactions (27 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.40% 0.00% 40.74% 6.16% -9.82%
1 Day -1.61% -1.30% 29.63% 10.64% -12.67%
1 Week -3.45% -2.04% 38.46% 19.15% -33.49%
2 Weeks 0.10% -1.87% 46.15% 84.16% -41.28%
1 Month 8.12% -11.61% 38.46% 249.83% -46.03%

Next earnings: May 11, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.52% 40.4% 317
Tuesday 0.55% 42.6% 350
Wednesday 0.85% 45.1% 346
Thursday -0.57% 35.4% 339
Friday 0.57% 42.5% 339

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 31.4%

Insider Transactions — Smart Summary

Total insider ownership: 4.6%

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Bitfarms Ltd. (KEEL) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for KEEL on Trend Edge →