Insider Cluster (2 insiders) ·Filed Aug 20, 2026

KEEL

Keel Infrastructure Corp.
BULLISH
Impact 5/10
Horizonweeks Processed1mo ago
Insider cluster: 2 insiders, $296K total
Actionable Insight ▲ Bullish

C-suite cluster buys at KEEL are rare and meaningful — the COO and CEO both added shares post-earnings during a transitional period. Monitor for additional insider purchases or a development milestone (lease announcement, financing close) that could catalyze the HPC/AI pivot thesis. The cluster's small dollar value relative to market cap limits signaling power, but the C-suite participation warrants attention.

DirectionBullish
Confidencemedium
Horizonweeks
Latest settled — T+20d
KEEL ▲ +18.99% at T+20d
LONG call ✓ call won +18.99% · α vs SPY +18.99% · entry $3.37 → $4.01
Next anchor: T+60d in 6w
Latest observation: T+27 +41.88% FF3 residual α
Entry anchored
Aug 19, 07:59 PM ET
via 1-min bar
T+1d
-1.48%
call -1.48% · α -1.89%
$3.32
settled 6w ago
T+5d
+4.15%
call +4.15% · α +3.04%
$3.51
settled 5w ago
T+20d
+18.99%
call +18.99% · α +18.99%
$4.01
settled 15d ago
T+60d
—
call — · α —
—
in 6w

Price Chart

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Executive Summary

KEEL's COO and CEO made open-market purchases totaling $296K within a 7-day window, coming 11 days after the company reported a sharp revenue decline due to its wind-down of Bitcoin mining. The insider buys signal confidence in the pivot to HPC/AI data center development, supported by the $458M convertible note raise and $819M liquidity position.

Key Financial Metrics

Direction
buying
Total Value
$296.0K
Insiders
2

Key Facts

  • CEO Benjamin Gagnon purchased 58,900 shares at $3.33 ($196K) on 2026-08-13
  • COO Liam Wilson purchased 30,769 shares at $3.25 ($100K) on 2026-08-20
  • Total cluster value: $296K — 0.015% of $2.0B market cap
  • Filing follows Q2 2026 results (8-K filed Aug 10): revenue $30M (down 50% YoY), $0.11 GAAP loss per share, but $819M liquidity and $458M convertible note raise for HPC/AI pivot
  • Both purchases were open-market transactions — not grants or option exercises

Financial Impact

Two C-suite officers made open-market purchases totaling $296K, representing 0.015% of market cap. The signal is informational, not proportional to market cap.

insider ownershipmanagement confidence

Risk Factors

  • Revenue declined 50% YoY as legacy Bitcoin mining winds down — fundamental transition risk remains high
  • Cluster represents only 0.015% of market cap — minimal economic commitment
  • No SEC Form 4 filed for CEO's trade — relying on synthetic cluster data provided
  • Historical KEEL insider cluster reports have a 50% win rate at T+20

Market Snapshot

Exchange
Nasdaq
Sector
Finance Services
Analyst Consensus
89% bullish (18 analysts)

Investment Themes

Crypto & Blockchain

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-KEEL-1787292692786
12 reports for KEEL
Performance horizon
100% Hit rate 5 of 5 directional calls best @ T+60▲ +38.60%Jun 4, 2026
Filters
Rows
Reports for KEEL — sortable, filterable
TypeNow
Aug 21, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$3.32 $4.07▲ +22.59%▲ +23.12%$3.62 (+9.04%)
Aug 20, 2026
6w ago
Insider Cluster
BULLISH ★ 5/10
$3.37 $4.01▲ +18.99%▲ +18.99%$3.62 (+7.42%)
Aug 17, 2026
6w ago
Insider Cluster
BULLISH ★ 5/10
$3.16 $3.38▲ +6.96%▲ +7.95%$3.62 (+14.56%)
Aug 10, 2026
7w ago
Press Release
MIXED ★ 6/10
$3.40 $3.73▲ +9.71%▲ +10.62%$3.62 (+6.47%)
Aug 10, 2026
7w ago
8-K
MIXED ★ 5/10
$3.40 $3.73▲ +9.71%▲ +10.62%$3.62 (+6.47%)
Jul 27, 2026
9w ago
Press Release
NEUTRAL ★ 2/10
$4.05 $3.25▼ −19.75%▼ −23.05%$3.62 (−10.62%)
Jul 6, 2026
12w ago
8-K
NEUTRAL ★ 3/10
$4.84 $3.97▼ −17.98%▼ −17.41%$3.62 (−25.21%)
Jun 5, 2026
17w ago
8-K
BEARISH ★ 6/10
$5.13 $4.84▲ +5.65%▲ +7.51%$3.62 (+29.43%)
Jun 4, 2026
17w ago
8-K
BEARISH ★ 6/10
$5.13 $4.84▲ +5.65%▲ +7.51%$3.62 (+29.43%)
May 11, 2026
20w ago
8-K
BEARISH ★ 7/10
$4.30 $5.42▼ −26.05%▼ −26.35%$3.62 (+15.81%)
Showing 10 of 12

US Market Status

Market Closed — Opens Mon (65h 7m)

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Report published Aug 21, 2026