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Keel (KEEL) Sells Entire Bitcoin Treasury for $192 Million, Will Sell BTC Daily

By Micah Zimmerman

Bitcoin Magazine Keel (KEEL) Sells Entire Bitcoin Treasury for $192 Million, Will Sell BTC Daily Keel sold 2,520 bitcoin in the third quarter, left its treasury near zero and said Quebec-mined coins will now be sold every day as it pivots to AI data centers. This post Keel (KEEL) Sells Entire Bitcoin Treasury for $192…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

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Data centre

A facility that houses large numbers of servers and networking equipment to store and process data.

Data centres use large amounts of electricity and water, which makes their location a local and climate issue.

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