Keel Shuts All Bitcoin Mining With $819M Ready for AI Pivot
Keel Infrastructure has decommissioned all of its U.S. bitcoin mining operations as it converts power-rich sites for AI and high-performance computing. The transition comes with weaker earnings and continued bitcoin sales, but the company says $819 million of liquidity gives it room to fund development. Keel Sells 1,085 BTC as Revenue Falls 50% in Second […]
Key Takeaways
- Keel Infrastructure has decommissioned all of its U.S.
- bitcoin mining operations as it converts power-rich sites for AI and high-performance computing.
- The transition comes with weaker earnings and continued bitcoin sales, but the company says $819 million of liquidity gives it room to fund development.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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