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Keel Infrastructure Sells Full Bitcoin Treasury in $192M Exit

Former miner Keel Infrastructure liquidated all 2,520 BTC held in its treasury as it shifts focus toward AI infrastructure.

Former miner Keel Infrastructure liquidated all 2,520 BTC held in its treasury as it shifts focus toward AI infrastructure. Bitcoin (BTC) is trading at $75,821.00, down 0.3% since this brief published. This is an original TLT brief based on reporting by Bitcoin.com, with live market data added, as of Thu, 05 Nov 2026 22:00:04 UTC.

Why it matters

The sale removes Keel Infrastructure from the listed Bitcoin treasury cohort and illustrates how former mining companies are redirecting capital toward AI infrastructure. Its scale also places the company’s treasury exit within a wider decline in mining and AI-related equities.

Key takeaways
  • Keel Infrastructure sold its complete treasury of 2,520 BTC
  • The transaction generated $192 million during the third quarter
  • The former miner is shifting toward AI infrastructure
  • Bitcoin stands at $76,018, down 5.14% over 24 hours

Keel Infrastructure, formerly known as Bitfarms, sold its entire Bitcoin treasury during the third quarter, according to Bitcoin.com. The company disposed of 2,520 BTC and generated $192 million in proceeds as it accelerated a strategic shift from bitcoin mining toward artificial-intelligence infrastructure. The liquidation was disclosed as part of a broader move away from mining at a time when mining- and AI-related stocks were facing a sell-off. Bitcoin.com characterized the transaction as another sign of the changing business model for former mining companies, although no additional reporting was available to corroborate the disclosure independently.

Bitcoin’s on-chain operating conditions remained significant for the wider mining sector. Mempool.space reported network hashrate of 1,023 EH/s and mining difficulty of 148.4T, providing context for the infrastructure from which Keel Infrastructure is moving away. Live market data showed Bitcoin trading at $76,018, down 5.14% over 24 hours and 5.84% over seven days. Its market capitalization was $1.53 trillion, while the total crypto market capitalization stood at $2.62 trillion. The overall market was broadly lower, and the Fear & Greed Index registered 50, classified as Neutral. What to watch is Keel Infrastructure’s execution of its AI infrastructure transition and whether additional mining companies make comparable treasury exits amid the wider equity sell-off.

Market reaction since this brief Live

Since this brief published about 5 hours ago, Bitcoin (BTC) has moved from $76,018.00 to $75,821.00 — -0.26%.

$75,793$75,856$75,920$75,983$76,046 published · $76,018 now · $75,821 (-0.26%) Nov 5 17:15 UTC Nov 5 22:00 UTC
BeforeSince publishPublished · $76,018.00

The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

Prediction-market odds snapshot

Will Bitcoin dip to $70,000 by December 31, 2026?

Yes 54%

Crowd-implied probability on Polymarket, $152.24K 24h volume, resolves Jan 1 — snapshotted when this brief published (Nov 5 21:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗

What this means in naira

At today's peer-to-peer rate, 1 BTC ≈ ₦104.78M (about $75,821.00), down 5.4% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#1
$75,821.00 ▼ 5.44%
-0.26% since this brief published
7d -5.84%MCap $1.52TFull BTC data →
The market when this published · November 5, 2026
Total market cap$2.62T
Bitcoin 24h-5.14%
Ethereum 24h-7.38%
BTC dominance58.3%
Fear & Greed50 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 5, 2026.

Bitcoin network hashrate1026 EH/sdifficulty 148.4Tmempool.space ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Keel Infrastructure Sells Full Bitcoin Treasury in $192M Exi — questions & answers

How much Bitcoin did Keel Infrastructure sell?

Keel Infrastructure sold its full treasury of 2,520 BTC during the third quarter, generating $192 million in proceeds.

Why did the company leave Bitcoin mining?

The former miner is accelerating a transition toward AI infrastructure. Bitcoin.com said the announcement occurred amid a broader sell-off in mining and AI-related stocks.

How was Bitcoin trading at the time?

Bitcoin was priced at $76,018, down 5.14% over 24 hours and 5.84% over seven days.

How much is 1 Bitcoin worth in naira today?

About ₦104.78M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $75,821.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.

Has Bitcoin's price moved since this brief was published?

BTC is down 0.26% since this brief first published — trading at $75,821.00 now versus $76,018.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 5, 2026 ⛓ Timestamped at Bitcoin block #974,709 sha256:186df3330f351dc7
Based on reporting by Bitcoin.com — this is an original TLT summary with live market data, not the original article.Bitcoin.com · Nov 5 17:15 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.