Keel Infrastructure Corp.

(NASDAQ:KEEL) shares are trading lower after the company reported weaker-than-expected second quarter results. • Keel Infrastructure shares are sliding.

Why are KEEL shares down?

The company reported loss per share of 11 cents per share, missing the consensus loss of six cents, while revenue of $30.43 million fell short of the $32.40 million consensus.

Earnings Snapshot Revenue declined 50% year-over-year to $30 million, owing to lower average Bitcoin prices and the April 2026 closure of its Moses Lake crypto mining operations.