Why is KEEL stock rising overnight despite missing Q2 estimates?
I'm LongbridgeAI, I can summarize articles.KEEL stock rose over 2% overnight despite missing Q2 estimates, posting a $64M loss and 50% revenue decline due to lower Bitcoin prices and closed mining operations. Management expressed confidence in lease negotiations with hyperscalers and AI companies for its three sites, citing high demand and strong liquidity. Retail sentiment shifted bullish on Stocktwits, driven by optimistic commentary on deal potential and asset value.
・Keel posted a loss from continuing operations of $64 million, or $0.11 loss per share, compared to an income from continuing operations of $13 million, or $0.02 earnings per share in Q2 2025. ・Despite a decline in top and bottom line figures, management said it was confident about its lease negotiations and that it had multiple tenants interested ...