{"schema_version":"secwatch.filing_event.v1","accession":"0001812477-26-000021","form_type":"8-K","ticker":"KEEL","cik":"0001812477","company_name":"Keel Infrastructure Corp.","filed_at":"2026-08-10T10:51:59+00:00","discovered_at":"2026-08-10T10:55:00.290415+00:00","generated_at":"2026-08-10T10:55:17.867232+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Keel Infrastructure Q2 revenue down 50% to $30M; operating loss of $141M","bullets":["Revenue of $30M, down 50% YoY on Bitcoin price decline and Moses Lake mining shutdown in April 2026.","Operating loss of $141M incl. $84M non-cash depreciation vs $11M operating income in Q2 2025.","Loss from continuing ops of $64M ($0.11/share) vs $13M income ($0.02/share) in Q2 2025; Adjusted EBITDA -$24M.","Raised $458M via convertible notes; liquidity $819M ($698M cash, $121M BTC); sold 1,085 BTC for $75M.","Appointed Ganesh Aiyer as President; secured zoning at Panther Creek and Sharon; Sherbrooke 96 MW agreement with Hydro-Sherbrooke."],"urls":{"canonical":"https://secwatch.observer/filing/0001812477-26-000021","json":"https://secwatch.observer/filing/0001812477-26-000021.json","markdown":"https://secwatch.observer/filing/0001812477-26-000021.md","text":"https://secwatch.observer/filing/0001812477-26-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1812477/000181247726000021/0001812477-26-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1812477/000181247726000021/keel-20260810.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-10T10:55:17.867232+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}