Keel sold 2520 Bitcoin in Q3, generating $192 million in proceeds

As reported by 深潮 TechFlow on Nov. 5, according to Keel Infrastructure's quarterly results announcement, the company sold 2520 Bitcoin in the third quarter for $192 million. The Bitcoin sold included its entire 2261-coin reserve and 259 coins mined during the quarter.

As of Sept. 30, the company's Bitcoin holdings were negligible. Keel said it will sell Bitcoin mined by its Quebec operations daily going forward. The company, formerly Bitfarms, is shifting its business focus to high-performance computing and AI infrastructure.

Source: 深潮 TechFlow