S-3ASR ·Filed Apr 7, 2026

BITF

Keel Infrastructure Corp.
NEUTRAL
Impact 3/10
Horizonmonths Processed5mo ago SEC0001213900-26-041047
Notable filing: S-3ASR
Actionable Insight • Neutral

The shelf registration allows Keel Infrastructure to raise capital opportunistically over the next three years. Investors should monitor future prospectus supplements for specific offering details, pricing, and potential dilution. The company's shift from cryptocurrency mining to digital and energy infrastructure may influence how the market perceives future capital raises.

DirectionNeutral
Confidencehigh
Horizonmonths
Latest settled — T+20d
BITF ▲ +67.30% at T+20d
NEUTRAL call ✓ call won +67.30% · α vs SPY +58.75% · entry $2.11 → $3.53
Next anchor: T+60d due 3mo ago
Latest observation: T+39 +46.48% FF3 residual α
Entry anchored
Apr 2, 06:44 PM ET
via exchange tick
T+1d
-0.47%
call -0.47% · α -1.05%
$2.10
settled 6mo ago
T+5d
+34.60%
call +34.60% · α +31.08%
$2.84
settled 6mo ago
T+20d
+67.30%
call +67.30% · α +58.75%
$3.53
settled 5mo ago
T+60d
—
call — · α —
—
due 3mo ago

Price Chart

Loading chart...

Executive Summary

Keel Infrastructure Corp. (formerly Bitfarms Ltd.) filed an S-3ASR shelf registration to offer up to $1.5 billion in various securities, including common stock, preferred stock, warrants, and other instruments, for general corporate purposes. The filing indicates potential future capital raises but does not specify immediate issuance or use of proceeds.

Key Facts

  • Keel Infrastructure Corp. (BITF) filed an automatic shelf registration (S-3ASR) on April 7, 2026
  • The company registered up to $1.5 billion in securities including common stock, preferred stock, depositary shares, warrants, subscription rights, purchase contracts, and purchase units
  • The proceeds will be used for general corporate purposes, including financing operations
  • The company was formerly known as Bitfarms Ltd. and completed a U.S. redomiciliation on April 1, 2026
  • The securities may be offered from time to time over a three-year period

Financial Impact

Up to $1.5 billion in potential future capital raises through various securities offerings

dilutiondebtequitycashFlow

Risk Factors

  • Future offerings could lead to shareholder dilution
  • The company may face challenges in its transition from cryptocurrency mining to digital infrastructure
  • Market conditions could affect the timing and success of future offerings

Market Snapshot

Exchange
Nasdaq
Sector
Finance Services

Investment Themes

Crypto & Blockchain

Documents Analyzed

This report is based on 7 SEC documents filed with EDGAR.

DocumentAccession Number
S-3ASR Filing (Primary)0001213900-26-041047
Document: ea028520301ex5-1.htm0001213900-26-041047
Document: ea028520301ex-fee.htm0001213900-26-041047
Document: ea028520301ex23-1.htm0001213900-26-041047
Document: 0001213900-26-041047-index-headers.html0001213900-26-041047
Document: 0001213900-26-041047-index.html0001213900-26-041047
Document: 0001213900-26-041047.txt0001213900-26-041047
7 reports for BITF
Performance horizon
Filters
Rows
Reports for BITF — sortable, filterable
TypeNow
Jun 11, 2026
16w ago
Institutional Cluster
BULLISH ★ 6/10
—awaiting T+20——
Apr 7, 2026
25w ago
S-3ASR
NEUTRAL ★ 3/10
$2.11 $3.53▲ +67.30%▲ +58.75%—
Mar 31, 2026
26w ago
6-K
MIXED ★ 6/10
$1.95 $2.89▲ +48.21%▲ +38.78%—
Mar 31, 2026
26w ago
Press Release
MIXED ★ 6/10
$1.95 $2.89▲ +48.21%▲ +38.78%—
Mar 20, 2026
27w ago
Press Release
NEUTRAL ★ 6/10
$2.31 $2.80▲ +21.21%▲ +13.79%—
Mar 17, 2026
28w ago
Press Release
NEUTRAL ★ 3/10
$2.37 $2.84▲ +19.83%▲ +15.53%—
Mar 5, 2026
30w ago
Press Release
NEUTRAL ★ 5/10
$2.22 $1.98▼ −10.81%▼ −7.02%—
Showing 7 of 7

US Market Status

Market Open — Closes in 3h 51m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access