Keel Infrastructure Liquidates Bitcoin Treasury in $192M Q3 Sale

Keel Infrastructure, formerly known as Bitfarms, sold its entire Bitcoin treasury of 2,520 BTC in the third quarter for $192 million to fund a transition into the artificial intelligence sector. The company plans to sell any Bitcoin it mines on a daily basis and is developing an AI data center in Moses Lake that may support Nvidia's Vera Rubin architecture, with revenue expected to begin in 2027.