On July 22, Keel Infrastructure Corp rose 8.32% in after-hours trading, trading at $5.06/share, with turnover of $4.97 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 assurance for the company's future data center operations. Simultaneously, the company completed the acquisition of a strategic land parcel designated for the construction of new data center facilities. The move marks a significant step in expanding its digital infrastructure footprint, combining sufficient power supply with dedicated land resources to strengthen its competitive position in the fast-growing cloud services and data hosting market.

The stock has shown sustained upward momentum in recent sessions on this catalyst, with sector peers IREN Ltd and Strategy also posting gains earlier in the week, reflecting broader strength in digital infrastructure-related names.

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