---
title: "KEEL: Revenue down 50% as focus shifts to HPC, with $819M liquidity supporting expansion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295394879.md"
description: "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."
datetime: "2026-08-10T10:55:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295394879.md)
  - [en](https://longbridge.com/en/news/295394879.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295394879.md)
generator: "portal-rs"
---

# KEEL: Revenue down 50% as focus shifts to HPC, with $819M liquidity supporting expansion

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

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**