Keel Infrastructure, formerly Bitfarms, is a Miner that is winding down its BTC mining and BTC holdings to build high-performance computing data centers in North America.
Nasdaq:KEEL- BTC holdings
- 0
- Cost Basis
- —
- Average cost / BTC
- —
- Change since start of year
- -2,060 BTC
$0 · as of Nov 5, 2026 · price as of Nov 11, 2026
NgU — · as of Nov 5, 2026
-100%
- Market Cap
- $1.18B
- Enterprise Value
- $1.51B
- mNAV
- —
- Holdings per Share (BTC)
- —
Balance sheet values as of Jun 30, 2026, basic shares as of Aug 7, 2026: 10-Q · Aug 10, 2026
Asset holdings
Latest reported holdings for each asset. Cost Basis is the reported total cost. It can include fees and staking income. It does not give the date or price of each Purchase.
| Asset | Holdings | Cost Basis | As of | Sources |
|---|
HoldingsBTC vs USD value
0 BTC
$0 USD value · as of 2026-11-10
- BTC Holdings (left)
- USD Value (right)
BTC Reserve
0 BTC
Average Cost $91,086 / BTC · 0 Purchases and 6 Sales since 2022-06-30
- Holdings
- Average Cost
- Purchase (size = amount)
- Sale (size = amount)
BTC historical holdings
| Date | Change | Holdings | Cumulative cost | Average Cost | Sources |
|---|---|---|---|---|---|
| Nov 5, 2026Unexplained Decrease: BitcoinTreasuries history reports lower BTC holdings. The reason for the decrease is not given; no Sale is inferred. | -1,861-100% | 0 | — | — | |
| Aug 7, 2026Unexplained Decrease: The Source reports lower holdings without a stated Sale for the period after June 30, 2026. It states that the Company sold 1,085 Bitcoin from April 1, 2026 to August 7, 2026, and the 10-Q for June 30, 2026 states 585 Bitcoin exchanged for cash in the second quarter. | -400-17.69% | 1,861 | — | — | |
| Jun 30, 2026 | -208-8.42% | 2,261 | $205.95M | $91,086 | |
| Jun 30, 2026Sale | -585 | — | — | — | |
| Mar 31, 2026 | +409+19.85% | 2,469 | — | — | |
| Dec 31, 2025 | +402+24.25% | 2,060 | — | — | |
| Sep 30, 2025 | +482+40.99% | 1,658 | — | — | |
| Jun 30, 2025 | -316-21.18% | 1,176 | $102.85M | $87,459 | |
| Jun 30, 2025Sale | -1,052 | — | — | — | |
| Mar 31, 2025 | +207+16.11% | 1,492 | — | — | |
| Dec 31, 2024 | +138+12.03% | 1,285 | — | — | |
| Sep 30, 2024 | +242+26.74% | 1,147 | — | — | |
| Jun 30, 2024 | +99+12.28% | 905 | — | — | |
| Mar 31, 2024 | +2+0.25% | 806 | — | — | |
| Dec 31, 2023 | +101+14.37% | 804 | — | — | |
| Sep 30, 2023 | +154+28.05% | 703 | — | — | |
| Jun 30, 2023 | +114+26.21% | 549 | — | — | |
| Mar 31, 2023 | +30+7.41% | 435 | — | — | |
| Dec 31, 2022 | -1,659-80.38% | 405 | — | — | |
| Dec 31, 2022Sale | -1,359 | — | — | — | |
| Dec 31, 2022Sale | -1,734 | — | — | — | |
| Sep 30, 2022 | -1,080-34.35% | 2,064 | — | — | |
| Sep 30, 2022Sale | -2,595 | — | — | — | |
| Jun 30, 2022 | -2,100-40.05% | 3,144 | — | — | |
| Jun 30, 2022Sale | -3,357 | — | — | — | |
| Mar 31, 2022 | +1,943+58.86% | 5,244 | — | — | |
| Dec 31, 2021 | +989+42.78% | 3,301 | — | — | |
| Sep 30, 2021 | +1,019+78.81% | 2,312 | — | — | |
| Jun 30, 2021 | +745+135.95% | 1,293 | — | — | |
| Mar 31, 2021 | — | 548 | — | — |
Advanced metrics
| Date | BTC holdings | Shares outstanding | Stock price | Market Cap | Financials | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance | Cost Basis | Value | Basic | Diluted | Basic | Diluted | Cash | Debt | ||
| Nov 5, 2026 | 0 | — | $0 | 617.6M | — | $1.65 | $1.02B | — | $715.52M | $1.05B |
| Aug 7, 2026 | 1,861 | — | $120.82M | 617.6M | — | $3.88 | $2.4B | — | $715.52M | $1.05B |
| Jun 30, 2026 | 2,261 | $205.95M | $132.55M | 617.6M | — | $5.74 | $3.54B | — | $715.52M | $1.05B |
| Mar 31, 2026 | 2,469 | — | $168.59M | — | — | $1.95 | — | — | — | — |
| Dec 31, 2025 | 2,060 | — | $180.56M | — | — | $2.35 | — | — | — | — |
| Sep 30, 2025 | 1,658 | — | $189.09M | — | — | $2.82 | — | — | — | — |
| Jun 30, 2025 | 1,176 | $102.85M | $126M | — | — | $0.84 | — | — | — | — |
| Mar 31, 2025 | 1,492 | — | $123.16M | — | — | $0.79 | — | — | — | — |
| Dec 31, 2024 | 1,285 | — | $120.25M | — | — | $1.49 | — | — | — | — |
| Sep 30, 2024 | 1,147 | — | $72.64M | — | — | $2.11 | — | — | — | — |
| Jun 30, 2024 | 905 | — | $56.81M | — | — | $2.57 | — | — | — | — |
| Mar 31, 2024 | 806 | — | $57.45M | — | — | $2.23 | — | — | — | — |
| Dec 31, 2023 | 804 | — | $34M | — | — | $2.91 | — | — | — | — |
| Sep 30, 2023 | 703 | — | $18.95M | — | — | $1.07 | — | — | — | — |
| Jun 30, 2023 | 549 | — | $16.73M | — | — | $1.47 | — | — | — | — |
| Mar 31, 2023 | 435 | — | $12.38M | — | — | $0.97 | — | — | — | — |
| Dec 31, 2022 | 405 | — | $6.7M | — | — | $0.44 | — | — | — | — |
| Sep 30, 2022 | 2,064 | — | $40.09M | — | — | $1.05 | — | — | — | — |
| Jun 30, 2022 | 3,144 | — | $62.7M | — | — | $1.12 | — | — | — | — |
| Mar 31, 2022 | 5,244 | — | $238.66M | — | — | $3.75 | — | — | — | — |
| Dec 31, 2021 | 3,301 | — | $152.56M | — | — | $5.05 | — | — | — | — |
| Sep 30, 2021 | 2,312 | — | $101.32M | — | — | $4.25 | — | — | — | — |
| Jun 30, 2021 | 1,293 | — | $45.31M | — | — | $3.94 | — | — | — | — |
| Mar 31, 2021 | 548 | — | $32.19M | — | — | $5.07 | — | — | — | — |
— means no value was disclosed or derivable for that date. Muted values are carried forward from an earlier disclosure.Stock prices are daily closes in USD at today's exchange rate.
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Keel Infrastructure0 BTC