Bitcoin Hits $79K as Keel, HIVE Surge on Accelerated AI Mining Pivots

Bitcoin climbed to around $79,000, up 4% in 24 hours, fueling gains in shares of Keel Infrastructure and HIVE Digital as they fast-track shifts from mining to AI infrastructure. Keel sold its 70 MW Paraguay site for $13 million to bolster North American HPC/AI projects, while HIVE raised $115 million via convertible notes for GPUs and data centers, with shares jumping 7-8%. Core Scientific's planned $3.3 billion bond sale underscores broader industry pivot amid mining margin squeezes and AI demand boom.