Keel Infrastructure Dumps Entire Bitcoin Treasury for $192M as Mining Exit Accelerates
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Keel Infrastructure, formerly Bitfarms, liquidated its entire bitcoin treasury in the third quarter, selling 2,520 BTC for $192 million in proceeds as it accelerates a pivot into AI infrastructure. The move comes amid a broader sell-off in mining and AI-related stocks. The full divestment marks a clean break from the company's mining roots and frees capital for its AI buildout. Investors will watch how Keel deploys the proceeds and whether other miners follow suit in shedding BTC holdings.
Muhabbit's AI wrote this summary in its own words from Bitcoin.com News's report. It can get details wrong, so check the source.
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Keel Infrastructure, Bitcoin (BTC), Bitfarms
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