🔴 Keel Infrastructure is trading 4.3% down today after a $65 million Q2 net loss

Keel Infrastructure is trading 4.3% down now at $17.21 after investors continued reacting to its August 10 Q2 report and August 11 Avoid rating.

• Q2 revenue fell 50.8% year over year to $30 million as the company shifted from Bitcoin mining toward AI data centers.
• The company reported a $65 million net loss.
• The analyst cited approximately $1 billion in debt and regulatory risks.