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Keel Infrastructure Dumps Entire Bitcoin Treasury for $192M as Mining Exit Accelerates

Former bitcoin mining company Keel Infrastructure sold its entire BTC treasury during the third quarter, generating $192 million in proceeds as it accelerates its transition into artificial intelligence (AI) infrastructu...

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Keel Infrastructure Dumps Entire Bitcoin Treasury for $192M as Mining Exit Accelerates
Former bitcoin mining company Keel Infrastructure sold its entire BTC treasury during the third quarter, generating $192 million in proceeds as it accelerates its transition into artificial intelligence (AI) infrastructure amid a broader sell-off in mining and AI-related stocks. Keel Infrastructure, formerly known as Bitfarms, disclosed Thursday that it sold 2,520 BTC during the quarter […]

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Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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