Cramer spotlights AI power stock Keel, spun off from a Bitcoin miner

HUT +7.56% RIOT +1.11% APLD +7.37% KEEL +8.38%

1. 1Jim Cramer on July 22 highlighted Keel Infrastructure (KEEL) on Mad Money, a Bitcoin mining company that has pivoted into an AI data center developer
2. 2Cathie Wood's ARK Invest, via the ARK Autonomous Tech & Robotics ETF, boosted its stake by 188% in the first quarter, expanding from about 6.9 million shares to nearly 20 million shares, while BTIG issued a Buy rating with a $8 price target
3. 3Keel holds a 2.2 gigawatt power pipeline but has yet to sign its first hyperscale colocation deal, with a debt ratio above 140% and negative free cash flow

Source BeInCrypto +2 · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →