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via The Block · By The Block Editorial

Former bitcoin miner Bitfarms reports $145 million Q1 net loss amid Keel rebrand, AI transition

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The Block Editorial

(12:05 PM UTC)

1 min read

Reviewed byDavid Kim

0 comments

Keel Infrastructure Corp. (Nasdaq: KEEL) reported a $145 million net loss for the first quarter of 2026 as it shifted resources from bitcoin mining toward high-performance computing and artificial intelligence infrastructure.

The New York-based entity became the ultimate parent company of Bitfarms Ltd. on April 1. As part of the deal, Bitfarms rebranded to Keel Infrastructure, a move the…

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