Nasdaq-listed Bitcoin mining company Keel Infrastructure (formerly Bitfarms) announced that it has completed its $458 million fundraising through the issuance of convertible preferred notes, including a $58 million oversubscription option fully exercised by the initial purchasers. The new funds will be used for general corporate purposes, including financing the procurement of long-cycle equipment, and providing guarantee support for letters of credit related to the expansion or accelerated construction of data center development projects.