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KEEL does not currently pay a dividend.
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Keel Infrastructure Corp. operates as a digital infrastructure and energy company that develops and owns data centers and energy infrastructure for computing workloads, including AI in North America. The company was founded in 2017 and is headquartered in New York, New York.
NEW YORK, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Keel Infrastructure Corp. (Nasdaq: KEEL; TSX: KEEL) ("Keel" or the "Company"), a North American digital infrastructure and energy company, will report its third quarter 2026 financial results on Thursday, November 5 before the market opens. Management will host a conference call on the same day at 8:00 am Eastern. Q3 2026 materials will be available before the call and can be accessed on the ‘Quarterly Results' section of the Keel investor site.
Keel Infrastructure Corp. is transitioning from Bitcoin mining to AI infrastructure, facing execution risks but supported by a strong balance sheet. Q2 2026 revenue fell 50% year-over-year, and adjusted EBITDA swung to a $24 million loss, highlighting near-term financial pressure. KEEL holds $819 million in liquidity and $1.05 billion in low-coupon convertible notes, providing runway through 2028 for site development and lease signings.
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It cost bitcoin miners an average of about $75,500 in cash to produce one coin in the second quarter. Meanwhile, bitcoin itself ended June at $58,400, less than half its October 2025 record high.
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