Keel Infrastructure Corp.: Wait For Some Earnings And Positive Cash Flow
Keel Infrastructure Corp. has transitioned from its origins in bitcoin to focus on infrastructure. The company currently holds over $300 million in cash, which is expected to sustain operations until 2027 or 2028. However, it lacks a history of earnings and is considered highly speculative, with meaningful financial returns likely years away.
- ▪Keel Infrastructure has rebranded from its bitcoin roots.
- ▪The company has over $300 million in cash and a bitcoin stash being converted.
- ▪KEEL's financial strategy relies on securing signed leases for financing.
- ▪It is recommended to only take small positions in KEEL due to its speculative nature.
- ▪Meaningful earnings and cash flow are projected to be years away.
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