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Keel is a Sky-enabled (fka MakerDAO) onchain capital allocator focused on DeFi and tokenized assets in the Solana ecosystem. As a Pioneer Star in the Sky Ecosystem, Keel also has a key role in supporting the development and maintenance of Sky's SVM (Solana Virtual Machine) primitives, enabling native Solana access to the Sky and USDS ecosystem.

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Mining Companies Transition from Bitcoin Mining to AI, Keel and Hive Stock Prices Rise

Odaily News Keel Infrastructure and Hive Digital Technologies saw their stock prices rise on April 22. Keel completed the sale of its Paso Pe mining facility in Paraguay, securing $13 million in funds, with the aim of fully exiting the Bitcoin mining business and shifting its focus to high-performance computing and AI development in North America. Hive Digital Technologies completed a $115 million private placement, with the funds to be used for purchasing GPUs and developing data centers. The stock prices of the two companies have risen by over 40% and 31% respectively in the past month. Additionally, Core Scientific announced plans to issue $3.3 billion in high-yield bonds to fund its transition to AI infrastructure.

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Mining Companies Transition from Bitcoin Mining to AI, Keel and Hive Stock Prices Rise

Odaily News Keel Infrastructure and Hive Digital Technologies saw their stock prices rise on April 22. Keel completed the sale of its Paso Pe mining facility in Paraguay, securing $13 million in funds, with the aim of fully exiting the Bitcoin mining business and shifting its focus to high-performance computing and AI development in North America. Hive Digital Technologies completed a $115 million private placement, with the funds to be used for purchasing GPUs and developing data centers. The stock prices of the two companies have risen by over 40% and 31% respectively in the past month. Additionally, Core Scientific announced plans to issue $3.3 billion in high-yield bonds to fund its transition to AI infrastructure.