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Keel Infrastructure Corp.

corporate_fare Company Profile

Keel Infrastructure Corp.

KEEL·NASDAQ·Industrial Applications And Services·CIK 0001812477

Bitfarms is a North American digital and energy infrastructure company that develops, owns, and operates data centers and energy infrastructure for high-performance computing (HPC) and artificial intelligence (AI) workloads. The company was founded in 2017 and is publicly traded on the Nasdaq and TSX under the ticker symbol "BITF". Bitfarms currently maintains legacy North American Bitcoin Mining operations to help fund its operations and development efforts. The company's mission is to deliver the infrastructure and energy required to support HPC and AI workloads. Bitfarms' Infrastructure Assets include owned and operated power generation facilities with collocated Bitcoin Mining data centers, established grid interconnections within the wholesale electricity market administered by PJM Interconnection in Pennsylvania, and 100% renewable hydroelectric capacity in Canada and Washington state. These Infrastructure Assets represent a 2.2 GW power capacity pipeline, comprising 648 MW of secured capacity and 1,513 MW of planned capacity in development, located across U.S. Sites and Québec Sites. Currently, these assets are deployed to support Bitcoin Mining activities. Bitfarms is developing its Infrastructure Assets to support HPC data center operations and expects to continue this development in the coming years. HPC Infrastructure is the primary growth area for the company. Bitfarms expects to operate its Bitcoin Mining assets as long as they remain profitable and until they are decommissioned to facilitate HPC data center construction.

Keel Infrastructure Corp. (NASDAQ:KEEL) is a publicly traded company in the Industrial Applications And Services sector. Wiseek has independently scored 15 items for KEEL at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-09, rated 7/10. Across its 15 most recent items scored 7 or higher, the top rating is 8/10, with 9 rated 8 or above. Recent SEC coverage for KEEL spans 8-K, 10-Q.

Recent high-impact activity:

  • PowerSecure and Keel Infrastructure Partner on Moses Lake Data Center Campus
  • Keel Infrastructure Plunges 15.6% to 3.5-Month Low as TSX Slides
  • Keel Stock Tumbles 12% After Q2 Revenue Halves and Bitcoin Mining Exit
  • Keel Q2 Misses Estimates by 5 Cents, Stock Drops 11% as Bitcoin Exit Weighs
  • Keel Shutters All US Bitcoin Mining, Sells $75M in BTC as AI Pivot Accelerates

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$229.28M
Net Income
-$284.54M
Diluted EPS
-$0.52
Op. Cash Flow
-$226.59M
Free Cash Flow
-$326.89M
Gross Profit
-$18.9M
Operating Income
-$149.6M
Cash & Equivalents
$573.46M
Total Debt
$669.47M
Debt / Equity
1.19×
Net Margin
-124.1%
Shares Outstanding
601.58M sh
Source: 10-K · filed 2026-03-31 · accession 0001213900-26-037514

Short Interest & Short Volume

3.72 days to cover

FINRA reported short interest of 109,865,632 shares in KEEL as of the September 15, 2026 settlement, a 12.2% decrease from the prior period — about 3.7 days to cover at its recent average daily volume. On October 2, 2026, 37.2% of KEEL volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)109,865,632 shares as of September 15, 2026
Change vs prior period▼ 12.2%
Days to cover3.72 at avg daily volume of 29,564,463
Daily short volume (FINRA facilities)37.2% of 12,598,358 shares on October 2, 2026
5-day average short volume42.9%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for KEEL, detected from its recent SEC filings · based on capital-structure filings through 2026-06-10.

Upsized Convertible Notes Offering Closed · Favorable Conversion Terms and Dilution Mitigation

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$3.62
52-week range · as of 2026-08-10 $1.17 – $7.37
Market cap
$2.24B
Volume
24.8M (0.8× avg)
3-mo avg 32.1M
Live data · 2026-10-04 16:52 UTC · Market closed

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feed KEEL - Latest Insights

KEEL
Sep 09, 2026, 10:01 AM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $3.78
Real-time Price: $3.62 info
Change: -$0.155 (-4%) info
Market Cap: $2.236B info
KEEL
Aug 18, 2026, 4:23 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $3.23
Real-time Price: $3.62 info
Change: +$0.3901 (+12%) info
Market Cap: $2.236B info
KEEL
Aug 11, 2026, 5:24 AM EDT
Source: Cointelegraph
Importance Score:
7
Price at Filing: $3.45
Real-time Price: $3.62 info
Change: +$0.170 (+5%) info
Market Cap: $2.236B info
KEEL
Aug 10, 2026, 1:26 PM EDT
Source: Benzinga
Importance Score:
8
Price at Filing: $3.44
Real-time Price: $3.62 info
Change: +$0.1788 (+5%) info
Market Cap: $2.236B info
KEEL
Aug 10, 2026, 1:05 PM EDT
Source: The Block
Importance Score:
8
Price at Filing: $3.45
Real-time Price: $3.62 info
Change: +$0.1703 (+5%) info
Market Cap: $2.236B info
KEEL
Aug 10, 2026, 6:57 AM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $3.74
Real-time Price: $3.62 info
Change: -$0.120 (-3%) info
Market Cap: $2.236B info
KEEL
Aug 10, 2026, 6:51 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $3.92
Real-time Price: $3.62 info
Change: -$0.300 (-8%) info
Market Cap: $2.236B info
KEEL
Jul 20, 2026, 5:32 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $4.36
Real-time Price: $3.62 info
Change: -$0.7398 (-17%) info
Market Cap: $2.236B info
KEEL
Jul 06, 2026, 7:15 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.76
Real-time Price: $3.62 info
Change: -$1.14 (-24%) info
Market Cap: $2.236B info
KEEL
Jun 09, 2026, 9:14 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $5.20
Real-time Price: $3.62 info
Change: -$1.58 (-30%) info
Market Cap: $2.236B info
KEEL
Jun 05, 2026, 8:43 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $5.28
Real-time Price: $3.62 info
Change: -$1.66 (-31%) info
Market Cap: $2.236B info
KEEL
Jun 04, 2026, 5:11 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $5.41
Real-time Price: $3.62 info
Change: -$1.79 (-33%) info
Market Cap: $2.236B info
KEEL
Jun 04, 2026, 4:07 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $5.64
Real-time Price: $3.62 info
Change: -$2.02 (-36%) info
Market Cap: $2.236B info
KEEL
May 11, 2026, 7:01 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $4.04
Real-time Price: $3.62 info
Change: -$0.4199 (-10%) info
Market Cap: $2.236B info
KEEL
May 11, 2026, 7:00 AM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $4.04
Real-time Price: $3.62 info
Change: -$0.4199 (-10%) info
Market Cap: $2.236B info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets