Keel Infrastructure
KEEL · NASDAQ · Technology
$4.01
+$0.44 (+11.08%) today
Market Cap
$2.48B
24h Volume
$270.0M
P/E Ratio
0.0
52w High
$6.66
52w Low
$1.71
Est. AI Revenue
25%
7-Day Sparkline (Static)
Company facts
Performance
About Keel Infrastructure
Keel Infrastructure is a digital and energy infrastructure company. It develops and owns data centers together with the power assets that feed them. The model is to secure land and grid capacity first, then build the halls and lease that capacity to customers running heavy compute workloads. Revenue comes from long term contracts rather than from selling hardware.
The company runs five campuses in North America: Panther Creek, Moses Lake, Sharon, Sherbrooke, and Scrubgrass. Panther Creek in eastern Pennsylvania is the flagship. It sits on a large site with secured power and room to expand, and it is being fitted out for AI and high performance computing tenants.
Keel was founded in 2017 and is headquartered in New York, New York. It was previously known as Bitfarms and took the Keel name after redomiciling to the United States and repositioning around AI infrastructure. Its shares trade on the Nasdaq.
Keel Infrastructure in the AI buildout
Keel sits in the Data Centers layer and reaches into the Power & Energy layer, because it owns the generation and grid connections behind its campuses. Power access is the tightest constraint in the AI buildout, and Keel's value is holding energized sites that can be converted faster than greenfield builds. It also touches the Neoclouds layer, since GPU cloud operators are among the tenants it targets. Supercycle rates it Strategic with an AI Exposure Score of 65 out of 100.
KEEL is tracked in Data Centers & Hardware, Neoclouds and Power & Energy, rated Strategic on the AI Exposure leaderboard.
By the numbers
52-week range
KEEL trades at $4.01, 46% of the way up its 52-week range of $1.71 to $6.66.
Market cap
Market capitalization is $2.48B, with an AI Exposure Score of 65 out of 100.
Next earnings
Keel Infrastructure is next expected to report earnings on November 9, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Keel Infrastructure do?
Keel develops and owns data centers and the power assets that supply them. It secures energized sites and grid capacity, builds compute capacity on them, and leases that capacity to customers running AI and high performance computing workloads.
How is Keel Infrastructure exposed to AI?
Its entire repositioning is built around demand for AI compute capacity and the power to run it. Supercycle rates it Strategic with an AI Exposure Score of 65 out of 100, reflecting a converted asset base that has not yet delivered its first megawatts.
What is Panther Creek?
Panther Creek is Keel's flagship campus in eastern Pennsylvania. It is a large site with secured power capacity and room to expand further, positioned near major hyperscale clusters and being developed for AI and high performance computing tenants.
Was Keel Infrastructure formerly Bitfarms?
Yes. The company was founded in 2017 as Bitfarms and operated as a bitcoin miner. It redomiciled to the United States and rebranded as Keel Infrastructure while shifting its owned power sites toward AI and high performance computing data centers.
Who leads Keel Infrastructure?
Ben Gagnon is chief executive officer and a director. Ganesh Aiyer serves as president. The company is headquartered in New York, New York, and its shares trade on the Nasdaq.
Is KEEL a pure play AI stock?
Not yet under Supercycle's rubric. It scores in the Strategic band at 65, because the AI data center business is the stated direction and the asset base supports it, but delivered AI capacity and contracted tenants still have to follow.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
Related reading
- What are AI infrastructure stocks? The 12 layers, explained · AI infrastructure stocks are the companies paid to build AI compute: chips, memory, networking, data centers, cooling and power. The 12 layers and the catch.