Keel Infrastructure (formerly Bitfarms) announced its Q1 2026 results: quarterly revenue was approximately $37 million, down 23% year-over-year; net loss widened to $145 million, mainly due to changes in the fair value of digital assets and losses related to the termination of the Macquarie credit facility. Keel stated that the company has completed its transformation from a Canadian Bitcoin mining company to a U.S.-based AI/HPC infrastructure developer and has sold off non-core assets such as its Paraguay mining facility. As of May 8, the company’s liquidity stood at approximately $533 million, including $336 million in cash and about $197 million in unpledged Bitcoin assets. Currently, it is advancing the development of three data center projects in Pennsylvania and Washington. (Decrypt) https://(wublock123.com)/news/news-60894