KEEL Infrastructure Gains 30% on Buy Rating and AI Pivot
KEEL•KEEL Infrastructure gained 30% last week after Chardan initiated Buy coverage and flagged its strategic pivot. The company is repurposing its 2.2-gigawatt power pipeline across Pennsylvania, Washington and Quebec to support AI and high-performance computing workloads.
1. Chardan Coverage and Stock Surge
KEEL Infrastructure recorded a 30% share price increase after Chardan initiated coverage with a Buy rating, signaling growing analyst confidence in the company’s strategic direction beyond Bitcoin mining.
2. Pivot from Bitcoin Mining to AI Infrastructure
The company is shifting its focus from pure crypto mining to AI and high-performance computing workloads, reflecting broader industry trends that favor data center capacity over traditional hashing operations.
3. 2.2-Gigawatt Power Pipeline Expansion
KEEL’s existing 2.2-gigawatt power pipeline spans sites in Pennsylvania, Washington state and Quebec, with planned upgrades to host GPU clusters and specialized AI servers, aiming to diversify revenue streams.
4. Sector Performance Context
Bitcoin miner equities have outperformed the pioneer cryptocurrency this year, with a tracked basket up 56% while Bitcoin fell 17%, underscoring investor appetite for miners embracing AI infrastructure.
