Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%
- Posted on August 11, 2026
- By Cointelegraph
- 1 Views
- 1 min read
In brief
Keel has finalized the closure of its Bitcoin mining facilities across the United States, marking a significant strategic shift in the company's operational focus. This transition comes amid a substantial 50% decline in Q2 revenues, prompting leadership to reallocate resources toward emerging sectors including artificial intelligence and high-performance computing infrastructure. The decision reflects broader market dynamics affecting the cryptocurrency mining industry.
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Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%
Keel completed the shutdown of its US Bitcoin mining operations as it pivots toward AI and high-performance computing infrastructure.
