Keel Infrastructure - CEO, Ben Gagnon Q&A - FY25' Earnings & AI Outlook!

We sit down with Ben Gagnon right after fiscal year 2025 earnings to unpack BitFarms’ rebrand into Keel Infrastructure and the multi-year pivot from Bitcoin mining to AI data center infrastructure. We dig into what is already de-risked, what still depends on permits and power contracts, and how Keel wants to turn megawatts into predictable long-term cash flows. • the three-year transformation plan and what “foundational year” really means • redomiciling to the US and why corporate structure matters to capital access • the 2.2 gigawatt pipeline and the difference between secured and expansion power • ESAs, load studies, and the milestones that unlock lease execution • Pennsylvania sites and practical questions on land readiness and build approach • why onsite generation and grid flexibility could matter for data centers • FY25 financial results including accelerated write-downs and GAAP Bitcoin marking • how and when Keel winds down Bitcoin mining including the Quebec consolidation plan • Moses Lake strategy shift from GPU as a service to colocation • capex per megawatt realities and why industry comparisons vary • supply chain changes as hyperscalers lock multi-year equipment capacity • execution risk management through permitting, hiring, and community engagement • Keel’s five-year vision as a developer and owner not an operator Before we get into it, take a second, smash the like button, guys. Big help to myself and the channel. If you're not already subscribed, McNallie Money, feel free to join. And let us know in the comments section below what you thought of Bitfarms results and if you're currently holding shares!Anthonys Info:Website:https://www.powermininganalysis.comX: https://twitter.com/cazenove_ukPatreon:https://www.patreon.com/Cazenove_UKBryce's Info:X:https://twitter.com/McnallieMPatreon:https://www.patreon.com/McNallieMoneyMerch:https://shop.mcnalliemoney.com/Website:https://www.mcnalliemoney.comBusiness Inquiries:Email - [email protected]