Keel Infrastructure trades 65M shares in one session, up 57% in two weeks on Bitcoin-to-AI pivot
Keel Infrastructure (KEEL), formerly Bitfarms, traded 64.7 million shares on April 23 — nearly 2x its already-elevated recent average — as the stock surged to $3.24, up 57% from its April 7 close of $2.04 in just 12 sessions. The company sold a Paraguay Bitcoin mining facility and is pivoting toward AI infrastructure, with Cantor Fitzgerald retaining Overweight despite cutting its price target to $3 from $5.
Supporting 5 queries
To surface this insight, Baselight ran 5 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
Volume Apr 23: 64,683,000 shares; Apr 24: 40,759,900 (query 44). Price: Apr 7 close $2.04 → Apr 23 close $3.24 = +57.8%; Apr 24 close $3.29 (query 44). 52-week range: $0.70–$6.60 (query 77). News Apr 22: Keel sold Paraguay facility, pivoting to AI (Decrypt, query 45). News Apr 9: Cantor PT cut $5→$3, Overweight retained (TipRanks, query 45). Freshest fact: Apr 24 close and volume.