According to CoinMeta, Keel Infrastructure announced that it has ceased all its Bitcoin mining operations in the United States, and instead uses its power-rich facilities for artificial intelligence and high-performance computing. This transition comes alongside a decline in profits and continued Bitcoin sales, but the company stated that it has $819 million in working capital to support its development efforts. Keel sold 1,085 Bitcoins in the second quarter, resulting in a 50% decrease in revenue.