KEEL: Revenue down 50% as focus shifts to HPC, with $819M liquidity supporting expansion
I'm LongbridgeAI, I can summarize articles.Revenue fell 50% year-over-year to $30M due to the shutdown of Bitcoin mining, with a net loss of $64M and negative adjusted EBITDA. Liquidity remains strong at $819M, supporting a strategic pivot to HPC infrastructure and ongoing site development.Original document: Keel Infrastructure Corp. [KEEL] SEC 8-K Current Report — Aug. 10 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Revenue fell 50% year-over-year to $30M due to the shutdown of Bitcoin mining, with a net loss of $64M and negative adjusted EBITDA. Liquidity remains strong at $819M, supporting a strategic pivot to HPC infrastructure and ongoing site development.
Original document: Keel Infrastructure Corp. [KEEL] SEC 8-K Current Report — Aug. 10 2026