Keel and Hive Shares Rise as Companies Transition from Bitcoin Mining to AI
Shares of Keel Infrastructure (KEEL) and Hive Digital Technologies (HIVE) have risen as both companies pivot from Bitcoin mining to AI-focused data center operations. Keel sold its mining site in Paraguay for $13 million, while Hive raised $115 million in private financing for AI infrastructure. Both firms are shifting focus to high-performance computing and AI development.
Topics: AI Bitcoin Mining Company Restructuring Data Center Development Stock Price Movement