Leaderboard / Mining / United States

Keel Infrastructure (formerly Bitfarms) (KEEL) bitcoin per share

BTC per share

0.00000258

BTC held ÷ shares outstanding

Sats per share

258.02 sats

1 BTC = 100,000,000 sats

BTC held

1,558 BTC

as of August 3, 2026

Shares outstanding

603,830,000

basic, as of August 3, 2026

USD value per share

live BTC spot × BTC per share

Leaderboard rank

#65 of 81

Data confidence: high

Keel Infrastructure (formerly Bitfarms) is a bitcoin miner, and miner treasuries behave differently from buy-and-hold balance sheets. Coins arrive as production and leave as funding for power, hardware and, increasingly, AI data center buildouts, so the per-share figure drifts month to month rather than moving in discrete purchase announcements. Listed on Nasdaq and based in the United States, it holds 1,558 BTC against 603,830,000 shares outstanding, which works out to 258.02 satoshis per share. That places it at rank 65 of 81 on the bitcoinps.com leaderboard. A large absolute holding can still translate into a thin per-share figure when the share count is large, and this row is a good example.

The math

The calculation is deliberately simple: 1,558 BTC (as of August 3, 2026) divided by 603,830,000 basic shares (as of August 3, 2026) gives 0.00000258 BTC per share. Put another way, you would need roughly 387,567 shares to hold one full bitcoin through this stock. We rate this row high confidence: both the holdings figure and the share count trace to primary disclosures or well-corroborated sources.

Holdings context

The recent direction of travel is down. Disclosures show the company reducing its bitcoin position, so expect the per-share figure to erode between updates rather than compound.

Analyst note (2026-08-03): Rebranded from Bitfarms and redomiciled Canada->US April 2026; pivoting from BTC mining to HPC/AI data centers. Sold 269 BTC (~$20M) in Q1 2026; ~$197M unencumbered BTC as of 2026-05-08 (consistent with ~1,558 BTC at ~$126k... verify; at mid-2026 prices ~$64k this implies fewer coins were sold later or figure includes other assets); CoinGecko 1,558 carried forward. Watch for further sales as it funds AI buildout.

What would change this number

New share issuance. Any capital raise, ATM program or convertible conversion grows the share count and mechanically lowers BTC per share unless matching coins are added. This row has no heavy-issuer flag today, but that can change with a single financing announcement.
Production and treasury sales. As a miner, the company adds coins through block rewards and routinely sells production to fund operations and capital spending. The balance between mined and sold bitcoin sets the monthly drift in this figure, independent of any financing activity.

Quick reference: at the current figure, roughly 387,567 shares of KEEL represent one full bitcoin.

Sources

Listed on Nasdaq. Figures carry their own as-of dates above; this page was generated on August 3, 2026. See how we compute bitcoin per share, or browse the full leaderboard.