Crypto

Keel Infrastructure Posts $145 Million Loss as Firm Completes Pivot From Bitcoin Miner to AI

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In brief

  • Keel Infrastructure (formerly Bitfarms) posted a $145M net loss in Q1 2026, with revenue down 23% year-over-year to $37M.
  • The company completed its transformation from Canadian Bitcoin miner to U.S.-based AI/HPC infrastructure developer.
  • With $533M in liquidity, Keel is advancing three…

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