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Keel ends all U.S. Bitcoin mining as revenue halves and losses hit $141M in pivot to AI data centers

Market News
11 Aug 2026
Unchained
View Source
Bearish
pluang ai news

Keel Infrastructure, formerly Bitfarms, has completed shutting down all its U.S. Bitcoin mining operations, shifting focus to AI and high-performance computing data centers. This transition caused revenue to drop 50% year-over-year to $30 million and an operating loss of $141 million in Q2 2026. The company now has no active U.S. mining business or signed tenants, relying on lease negotiations for three key sites. With $819 million in liquidity, Keel is positioned to wait for tenant deals amid power constraints in key regions. The shift marks a major strategic pivot from cryptocurrency mining to data center development.

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Tractor Supply CEO buys 15,600 shares for $501K amid 44% stock drop

Tractor Supply CEO buys 15,600 shares for $501K amid 44% stock drop

Tractor Supply's CEO, Lawton, purchased 15,600 shares of the company for $501,540 despite the stock having declined 44%. This insider buying signals confidence in the company's future prospects even as the stock price has fallen significantly. Such m...

Market News
Bullish
2 hours ago
Bitcoin dips below $64,000 amid rising oil prices and U.S. inflation concerns ahead of CPI report.

Bitcoin dips below $64,000 amid rising oil prices and U.S. inflation concerns ahead of CPI report.

Bitcoin price fell below $64,000 on August 11 due to rising oil prices and uncertainty ahead of the U.S. July Consumer Price Index (CPI) report. The price briefly dropped to around $63,852 before recovering slightly, with key support at $63,900–$64,0...

Market News
Bearish
4 hours ago
Cardano whales are selling off large ADA holdings amid bearish signals, pushing prices toward key support levels.

Cardano whales are selling off large ADA holdings amid bearish signals, pushing prices toward key support levels.

Large Cardano (ADA) holders, known as whales, have started selling significant amounts of ADA tokens following recent bearish market signals, including a 'death cross' on key metrics. This coordinated sell-off has caused ADA's price to drop from $0.2...

Market News
Bearish
4 hours ago
Gelum Resources expands gold-copper targets at Las Tinajas, Chile with new sampling and geophysical survey progress.

Gelum Resources expands gold-copper targets at Las Tinajas, Chile with new sampling and geophysical survey progress.

Gelum Resources Ltd. has completed additional rock geochemical sampling over 2,600 hectares at its Las Tinajas Gold Project in northern Chile, expanding exploration targets and identifying new mineralization zones for gold and copper. The ongoing geo...

Market News
Bullish
4 hours ago
Cloud3 Ventures invests C$104K in Encore, boosting exposure to space tech via Solstar's on-orbit communications.

Cloud3 Ventures invests C$104K in Encore, boosting exposure to space tech via Solstar's on-orbit communications.

Cloud3 Ventures has strategically invested C$104,000 in Encore Technologies, acquiring 400,000 shares and gaining indirect exposure to Solstar Space's on-orbit communication technology through Encore's secured convertible loan. This investment follow...

Market News
Bullish
4 hours ago
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