Key facts
- Keel sold its entire bitcoin treasury for $192 million, according to Bitcoin Magazine.
- Keel sold 2,520 bitcoin in the third quarter of 2026, leaving its treasury near zero.
- Keel said Quebec-mined coins will be sold every day as it pivots to AI data centers.
Keel sold its entire bitcoin treasury for $192 million, the company said, after selling 2,520 bitcoin in the third quarter of 2026 and leaving its treasury near zero. Bitcoin Magazine reported the sale on November 5, 2026.
The company said coins mined in Quebec will now be sold every day as it pivots to AI data centers. The report did not break down the number of coins sold in the treasury liquidation or the price received per coin.
The sale ends Keel's bitcoin holding and ties its remaining bitcoin output to a daily selling program. The report did not state the size of Keel's mining operation or the expected volume of the daily sales.