
Keel Infrastructure Q1 Loss Widens, Revenue Falls

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Keel Infrastructure reported a Q1 loss of $0.21 per diluted share, widening from a loss of $0.08 a year earlier. Revenue fell to $37 million from $47.7 million, below analysts' expectations of $34.6 million. The company has liquidity of approximately $533 million, including $197 million in unencumbered Bitcoin. Shares dropped over 6% in premarket trading.

