Keel Infrastructure Corp. reported financial results for the quarter ended June 30, 2026, announcing a loss from continuing operations of $64 million, or $0.11 per share, compared to income of $13 million in the prior year period. Revenue declined 50% year-over-year to $30 million due to the shutdown of U.S. Bitcoin mining operations and lower average Bitcoin prices. The company raised $458 million via a convertible note offering during the quarter, bringing total liquidity to approximately $819 million as of August 7, 2026. Strategic highlights include appointing Ganesh Aiyer as President, securing zoning approvals for Panther Creek and Sharon sites, and completing the decommissioning of U.S. Bitcoin mining assets in preparation for high-performance computing construction. Keel Infrastructure Corp. is a North American digital infrastructure and energy company that develops data centers and energy infrastructure for high-performance computing workloads.

On June 11, 2026, Keel Infrastructure Corp. appointed PricewaterhouseCoopers LLP (United States) as its new independent registered public accounting firm for the fiscal year ending December 31, 2026. Simultaneously, the company dismissed PricewaterhouseCoopers LLP (Canada) due to the company's redomiciliation from Canada to the United States. The company reported no disagreements or reportable events with the dismissed auditor. Keel Infrastructure Corp. operates in the infrastructure industry.

Keel Infrastructure Corp. issued $458,000,000 in 1.250% Convertible Senior Notes due 2032, which includes an additional $58,000,000 in notes issued following the full exercise of an over-allotment option. The notes are guaranteed by Bitfarms Ltd. and carry a 1.250% annual interest rate with semi-annual payments starting January 15, 2027. The company also entered into capped call transactions with an initial cap price of $11.86 per share to mitigate potential dilution from conversion. Keel Infrastructure Corp. operates in the infrastructure sector and provides services related to infrastructure development and management.