
SO's PowerSecure lands a data center deal with Keel Infrastructure, delivering scalable backup power and peak-shaving capabilities.
Bitfarms Ltd. (KEEL) stands as a prominent player in the cryptocurrency mining landscape, focusing on the development and management of advanced blockchain infrastructure with a strong commitment to sustainability. The company operates primarily on renewable energy sources, aligning itself with the global emphasis on environmentally responsible practices in the tech sector. As one of North America's largest Bitcoin miners, Bitfarms utilizes innovative technology to optimize operational efficiencies, effectively addressing the increasing demand for cryptocurrency. With a strategic focus on growth and profitability, Bitfarms is poised to capitalize on the dynamic opportunities within the evolving digital currency market.
| Revenue (TTM) | $188.14M |
| Gross Profit (TTM) | $-60.69M |
| EBITDA | $-58.33M |
| Operating Margin | -181.00% |
| Return on Equity | -75.60% |
| Return on Assets | -8.92% |
| Revenue/Share (TTM) | $0.32 |
| Book Value | $0.53 |
| Price-to-Book | 7.55 |
| Price-to-Sales (TTM) | 12.47 |
| EV/Revenue | 14.9 |
| EV/EBITDA | 22.52 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | -50.00% |
| Shares Outstanding | $617.57M |
| Float | $589.79M |
| % Insiders | 4.57% |
| % Institutions | 67.27% |
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SO's PowerSecure lands a data center deal with Keel Infrastructure, delivering scalable backup power and peak-shaving capabilities.

DURHAM, N.C., Sept. 9, 2026 /PRNewswire/ -- PowerSecure, a subsidiary of Southern Company and a leading provider of resilient, innovative energy solutions, today announced it has entered into an agreement with Keel Infrastructure (Nasdaq, TSX: KEEL) to provide a fully integrated backup resiliency solution for Keel Infrastructure's data center campus in Moses Lake, Washington.

Leopold Aschenbrenner, a former OpenAI researcher and one of the youngest billionaires, disclosed a Q2 2026 position in Keel Infrastructure (NASDAQ: KEEL), formerly known as Bitfarms, worth roughly $151 million at the time, on August 14.

Keel's 56% six-month surge reflects its HPC/AI pivot, a 2.2-GW pipeline and progress at key data-center sites as tenant talks advance.

Panther Creek and Sharon permitting continue to proceed on schedule and are unaffected by Executive Order 2026-05 Panther Creek and Sharon permitting continue to proceed on schedule and are unaffected by Executive Order 2026-05

KEEL is pressing 2027 power availability to deepen lease talks at Moses Lake, Sharon and Panther Creek as permits and expansion plans advance.

Keel Infrastructure is rated Avoid/Hold due to a high-risk capital structure and regulatory headwinds threatening long-term viability. KEEL's strategy to withhold 2027 capacity aims to extract premium lease rates but exposes the company to liquidity burn and refinancing risks. Regulatory crackdowns on behind-the-meter load defection, especially FERC/PJM tariffs, could compress margins and disrupt the company's yield-on-cost assumptions.

Keel Infrastructure Corp. (KEEL) Q2 2026 Earnings Call Transcript

Keel Infrastructure's Q2 revenues are expected to plunge 55.1% y/y as its HPC and AI data-center pivot pressures mining sales and raises operating costs.

Keel has a 2.2-gigawatt pipeline and intends to secure three hyperscaler leases by the end of the year. Its multi-year plan is poised to produce high revenue growth in 2027 and beyond.
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