Keel Infrastructure Sells 2,520 Bitcoin for $192.2 million in Q3
Photo: TokenPost
Keel Infrastructure Corp. sold 2,520 Bitcoin (BTC) in the third quarter, raising $192.2 million as the company moves away from holding mined coins and toward AI data center infrastructure. The sale comprised 2,261 BTC Keel held as of June 30 and another 259 coins mined during the quarter. By Sept. 30, the company held only a nominal amount of Bitcoin. Keel plans to sell newly mined BTC on a day-to-day basis in most cases. It expects the proceeds to support liquidity, operations and expansion. The shift has changed Keel’s mining footprint. The company halted mining at its U.S.
Also reported by Coinotag.
Source: TokenPost
