NASDAQ:APGE 22 June 2026

June 22, 2026, 10:27 AM EDT. Keel Infrastructure shares hit $6.28, near a 52-week high, but face resistance at $6.45, signaling possible pullback as momentum slows. The company has pivoted from Bitcoin mining to data-center development, raising $458 million in convertible notes with $357 million in cash and $580 million debt. Despite a strong 2.2-gigawatt U.S. power grid pipeline, the firm lacks signed hyperscaler tenant contracts. CEO Ben Gagnon aims for three leases by year-end amid growing investor impatience, especially as competitor Applied Digital secured a $5.2 billion hyperscaler contract. Q1 revenue fell 23% to $37 million, with a $128 million loss. Market watchers await a signed lease to confirm viability and unlock financing.