Keel Infrastructure: Shuts All BTC Mining for AI Pivot
Keel Infrastructure halts every U.S. Bitcoin mining site after 50% revenue drop and $141 million Q2 losses, completing full AI switch.
SourceAnalysis
Keel Infrastructure has closed every U.S. Bitcoin mining operation to finish a 100% pivot to AI, following a 50% revenue collapse and $141 million operating loss in Q2.
Price sits at $64466.84 right on the EMA50 at $64477.66 while the EMA200 at $63772.24 offers deeper support; the MACD death cross at -96.83 keeps the 4h structure bearish even as RSI at 47.94 stays neutral inside the Bollinger band, with upper resistance at $65607.94 and lower support at $63854.18, suggesting a quick test of the lower band before any sustained move higher amid ongoing AI industry impact on crypto miners.
Charles Edwards
@caprioleioFounder of Capriole Fund and The Ref.io, leading ventures in the digital asset ecosystem.
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