Keel Shuts All Bitcoin Mining With $819M Ready for AI Pivot

AI Summary Keel Infrastructure has decommissioned all of its U.S. bitcoin mining operations as it converts power-rich sites for AI and high-performance computing. The transition comes with weaker earnings and continued bitcoin sales, but the company says $819 million of liquidity gives it room to fund development. Keel Sells 1,085 BTC as Revenue Falls 50% in Second […] fulltext: 366 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/mining/keel-shuts-all-bitcoin-mining-with-819m-ready-for-ai-pivot/ Source: Bitcoin.com News