[Keel Infrastructure Plans to Issue Convertible Bonds to Raise $400 Million] According to Globenewswire, Nasdaq-listed Bitcoin mining company Keel Infrastructure (formerly Bitfarms) announced plans to raise $400 million through the issuance of convertible senior notes, expected to be completed around June 9, 2026, subject to market and closing conditions. The funds will be used for capping subscription transaction costs, equipment deposits for data center construction, credit guarantees, and other general corporate purposes. If underwriters exercise the option to issue additional shares, part of the net proceeds will be used for additional capping subscription transactions, with the remainder allocated for general corporate purposes.