Movement Alert|Keel Infrastructure Corp Rises 8.64% in Regular Trading, Secures City Approval for 96MW Capacity and Data Center Land Acquisition

Market Focus07-21

On July 21, Keel Infrastructure Corp rose 8.64% in regular trading, trading at $4.715/share, with turnover of $56.31 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 security for the company's future data center operations. Simultaneously, Keel Infrastructure completed the acquisition of a strategic land parcel designated for constructing new data center facilities. The combination of sufficient power supply and dedicated land resources positions the company to strengthen its competitiveness in the rapidly growing cloud services and data hosting market.

Within the Application Software sector, peers demonstrated broad strength, with Circle Internet Corp. up 8.11%, Strategy up 5.15%, and IREN Ltd up 4.65%, forming a sector-wide linkage effect.

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