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Keel Infrastructure Liquidates BTC Reserves, Cashes Out $192 Million in Q3 and

Odaily reports: Keel Infrastructure, formerly known as Bitfarms, sold 2,520 BTC in the third quarter, cashing out approximately $192 million and effectively emptying its Bitcoin reserves. The company said that as its business strategy shifts toward AI data center infrastructure, it plans to sell Bitcoin mined daily going forward rather than holding it as a long-term reserve asset. (The Block)