Keel Infrastructure Q2 FY26 loss from continuing operations widens to $64 million; revenue drops 50% to $30 million
Reuters2026/08/10 10:53- Keel Infrastructure posted Q2 revenue of USD 30 million, down 50% year over year.
- Operating results swung to a USD 141 million loss from operating income, including USD 84 million of non-cash depreciation.
- Loss from continuing operations widened to USD 64 million, or USD 0.11 per share.
- Non-GAAP adjusted EBITDA fell to negative USD 24 million from positive USD 7 million.
- Liquidity totaled about USD 819 million, including about USD 698 million cash and USD 121 million in unencumbered Bitcoin; raised USD 458 million via a convertible note offering.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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