Keel Shuts US Bitcoin Mining Operations as Q2 Revenue Falls 50%

Keel Shuts US Bitcoin Mining Operations as Q2 Revenue Falls 50%

Keel shutdown all US Bitcoin mining operations for HPC infrastructure; Q2 revenue dropped 50% to $30 million. The cryptocurrency-to-AI infrastructure pivot at Keel, Bit Digital, and Crusoe signals capital flowing toward enterprise compute—reshaping infrastructure investment decisions.