From bitcoin bull to ‘complete demolition’: Keel CEO bets on AI’s greater value

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From bitcoin bull to ‘complete demolition’: Keel CEO bets on AI’s greater value

60-second summary

Keel's CEO now claims the bitcoin business is facing a "complete demolition," a stark reversal from their May 2025 statement when they said the business was "strong" and the company remained "bullish on mining economics." This dramatic shift suggests significant challenges or changes in the market, potentially impacting Keel's valuation and investor confidence in the cryptocurrency space.

In May 2025, Keel's CEO said firm's bitcoin business was “strong” and said company remained “bullish on mining economics."