Aug. 18 at 9:19 PM
$KEEL ~ Keel AI Infrastructure stock dropped over -13% following an upsized 400 million convertible senior notes debt offering on Aug 17, 2026, alongside investor anxiety regarding wider operating losses, permit delays for its AI data center transitions, and a -50% year-over-year DROP in revenue after retiring its USA Bitcoin mining fleet just like every other former bitcoin miner over the last 24 months. The company priced an upsized 400 million convertible senior notes offering due in 2032 the same week āHIVE AI Infrastructureā was raising dilution concerns among retail and institutional investors in Aug 2026 after announcing a five-year, 350 million GPU cloud services contract on Mon Aug 17, 2026 through its āBUZZ HPCā subsidiary. The unnamed investment-grade customer will receive a dedicated cluster containing 2,016 NVIDIA Blackwell Ultra GPUs at Bell AI Fabric's Merritt, British Columbia, facility.
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