Keel Q1 operating loss widens to US$98 million; revenue falls 23% to US$37 million

Keel Infrastructure Corp.

KEEL

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Keel Infrastructure reported Q1 revenue of U.S.$37 million, down 23% year over year, as operating loss widened to U.S.$98 million from U.S.$35 million.
Net loss deepened to U.S.$145.35 million; loss per share from continuing operations widened to U.S.$0.21 from U.S.$0.08.
Liquidity totaled about U.S.$533 million as of May 8, 2026, including U.S.$336 million in unrestricted cash and U.S.$197 million in unencumbered Bitcoin.
Zoning approvals were secured for near-term sites Panther Creek, Sharon, Moses Lake; management targets development through lease execution in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Keel Infrastructure Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605110700PRIMZONEFULLFEED9717112) on May 11, 2026, and is solely responsible for the information contained therein.

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