Ben Gagnon

Officially closing the chapter on HashOveride and moving forward as @CaptainKeel. Same person, new chapter. Here for everything @keelinfra_, HPC and the power behind AI. $KEEL

Keel reported Q3 earnings today and conditions in the financial markets are far more volatile than conditions on the ground or at the negotiating table. Here's some of what the Keel Crew got done this quarter: · Advanced lease negotiations with significant technical diligence completed and mutliple LOIs negotiated, at multiple sites with multiple counterparties. · Kept our power delivery schedules intact under our ESAs and PA’s new Executive Order, which we fully endorse. · Engineered solutions to be fully compliant with the Executive Order. · Broke ground at Moses Lake. · Cleared three more permits in PA. To date, no permit application has been denied at any of our sites. · Introduced the Keel Standard, our commitment to the communities where we build. Heads down, shovels up.

First year sponsoring the @theallinpod Summit. Biggest takeaway: the best ideas on stage just confirm what's already happening on the ground. Case in point -@DinaPowellMcC on communities: hire local, train local, real pathways in. That's been Keel since day one.

Steel. The grid. The Internet. Every generation builds its defining infrastructure. At @keelinfra_ we’re building the foundation compute runs on. This is our vision, in 90 seconds. Now watch what we do with it.

I bought the dip at 3.33. Again. $KEEL

Standards you're forced to meet are a cost. Standards you already live by are a moat. PA GRID Standards arrived this week. Panther Creek and Sharon were built on Keel Standards adopted years ago. Permitting unchanged. $KEEL

At Keel we welcome @GovernorShapiro's new GRID standards and believe they are an important step for responsible data center development in PA. Building responsibly and transparently alongside our communities has been core to @keelinfra_ from the start. Proud to say that we were already working within many of the requirements and are confident in the path ahead.

Big day for the Keel Crew. Ganesh Aiyer joins $KEEL as President as demand for HPC and AI accelerates. He's executed at the highest level for two decades at one of the world's largest data center platforms, and he's the right leader to help steer our next phase of growth. No doubt he'll hit the ground running.

Big milestone for the crew today ⚓️ $KEEL joined the Russell 3000® Index - the result of 18 months advancing our energy pipeline and building a team that delivers. Now more investors can follow along as we execute.

Ahoy $KEEL Mates. This is your captain speaking with a quick word from the bridge. ⚓ Today Citizens has initiated coverage with a $10 price target, making them the 11th bank to cover KEEL. Also today we received word from the docks: our new 100 MVA transformers (80 MW usable) are about ready to leave the factory and bound for the new Sharon substation to increase the site from the 30 MW today to the 110 MW contracted. Steady as she goes and full steam ahead. $KEEL

So proud of this team. We went into this raise from a position of strength and came out with even more flexibility to invest in what is next for Keel. Credit to the entire $KEEL Crew for the work behind it. Had to push back media until we officially closed. Will get a quick interview scheduled over the next few days.

Small update: We have now spoken with 129 investors since our Q1 earnings call on May 11. For comparison in the entirety of 2025 we met with 168 investors. While we always strive to make ourselves accessible to investors, we have to pump the brakes on further investor calls. Back to work Keel Crew.

Good morning Keel Mates! Just want to do a quick followup from our Q1 call Monday with the key takeaways: 1. Continued progress on permitting and zoning secured 2. Confident on getting 3 leases signed this year 3. Increasing investor interest with twice as many attendees on our Q1 call than normal and 63 investor meetings in the last 3 days. For those of you who missed it, links below: Q1 Webcast: ir.keelinfra.com/events/even… Q1 Power Analysis: youtube.com/watch?v=r_OOoFdz…

Had the pleasure of sitting down with @power_analys1s this afternoon to discuss Q4 earnings, US redom, US rebrand, strategy and site developments. Go check it out!

Today we closed one chapter and opened a much bigger one. We are no longer Bitfarms, we are Keel Infrastructure. US redomiciled. US GAAP. Full rebrand. All executed in parallel. All on time. The North American energy infrastructure buildout is one of the defining opportunities of this decade, and we've built this company to be right in the middle of it. New capital markets. Deeper institutional access. A platform built for scale in the markets that matter most. To the team that made today possible: Proud doesn't cover it. To the market: you haven't seen anything yet. Welcome to Keel. ⚓

Good morning farmers! We have been busy cooking and I am excited to share that Bitfarms is launching the final phase of our U.S. pivot! Subject to shareholder approval we will redomicile to Delaware and rebrand as **Keel Infrastructure** (ticker: KEEL expected on Nasdaq/TSX). As I said in today's release: “Our new name reflects how we think about infrastructure, how we’re building this company, and how we want to serve our future customers. The keel is the structural backbone of a vessel—the largely unseen but critical foundation that provides stability and converts energy into forward motion. It represents our commitment to becoming an infrastructure partner that enables customers to achieve their goals in the HPC/AI revolution that will continue for years to come. We are no longer a Bitcoin company, we are an infrastructure-first owner and developer for HPC/AI data centers across North America. As we enter this next chapter, our focus is simple: we’re building the infrastructure for the compute of the future.” Shareholder meeting March 20—looking forward to your support as we complete our transition to a US HPC/AI company! Read more: investor.bitfarms.com/news-r…