Keel Infrastructure pivots from crypto mining to AI data center operations
Business · 31 July 2026
Written by AI from multiple news reports
Keel Infrastructure, formerly called Bitfarms, is leaving Bitcoin mining behind and moving into AI computing. The company, which trades on NASDAQ as KEEL, plans to build data centres for large technology companies. These companies need powerful computers to run AI systems.
Keel has said it wants to sign three rental agreements with major tech clients before the end of this year. It expects to start delivering services in 2027, when revenue from this new business should begin to grow.
Another company, Nebius, is already earning money from the same type of work. Keel is roughly one year behind Nebius in this area. Keel presented its new strategy in its full-year 2025 business report.