Keel reports Texas moratorium on AI data centers
The state aims to regulate data center development amid energy and water concerns.
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Digital and energy infrastructure developer and owner
keelinfra.comLast updated
In short: Keel rebranded from Bitfarms, redomiciled to the U.S., and completed its pivot from Bitcoin mining to AI and HPC infrastructure.
The state aims to regulate data center development amid energy and water concerns.
Revenue fell 50% to $30 million, with liquidity of $819 million supporting site development.
The move supports AI/HPC build-out and planned US domiciliation.
The report covers revenue and earnings for the quarter ended March 2026.
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