Movement Alert｜Keel Infrastructure Corp Rises 8.32% in After-Hours Trading, City Approves 96MW Capacity Operation and Data Center Land Acquisition

Market Focus07-23

On July 22, Keel Infrastructure Corp rose 8.32% in after-hours trading, trading at $5.06/share, with turnover of $4.97 million.

On the news front, the company recently received formal approval from city authorities to take over and operate a power capacity resource of up to 96 megawatts. This critical permit provides solid energy assurance for the company's future data center operations. Simultaneously, the company completed the acquisition of a strategic land parcel designated for the construction of new data center facilities. The move marks a significant step in expanding its digital infrastructure footprint, combining sufficient power supply with dedicated land resources to strengthen its competitive position in the fast-growing cloud services and data hosting market.

The stock has shown sustained upward momentum in recent sessions on this catalyst, with sector peers IREN Ltd and Strategy also posting gains earlier in the week, reflecting broader strength in digital infrastructure-related names.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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