Keel Infrastructure Exits Bitcoin Mining with $13 Million Sale

Keel Infrastructure has sold its Paso Pe mining facility in Paraguay for $13 million, marking its exit from Bitcoin mining to concentrate on high-performance computing and AI initiatives in North America. According to NS3.AI, this strategic shift aligns with the company's broader focus on emerging technologies. Meanwhile, Hive Digital Technologies has successfully closed a $115 million private placement aimed at acquiring GPUs and expanding its data centers. Both Keel and Hive have seen their shares rise, with Keel's stock increasing by over 40% and Hive's by more than 31% in the past month.