Published May 11, 2026, 1:25 PM ET · Updated 6 months ago · 1 source
Keel Infrastructure Posts $145 Million Loss as Firm Completes Pivot From Bitcoin Miner to AI
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Keel, formerly Bitfarms, has announced a significant financial loss of $145 million. The company is pivoting from Bitcoin mining to focus on building AI infrastructure, backed by a substantial $533 million war chest.