Keel sold 2,520 Bitcoin for $192 million in Q3

November 5 — According to The Block, Keel Infrastructure Corp. (formerly Bitfarms) sold 2,520 Bitcoin for $192 million in the third quarter, effectively emptying its Bitcoin reserves. The company said that as it shifts focus to AI data center infrastructure, it plans to sell the Bitcoin it mines each day.

Previously, Keel shut down all of its U.S. Bitcoin mining operations to pivot to AI data centers, and had sold 1,085 BTC since April.