Edgemode, Inc. (OTC: EDGM)

Edgemode designs, builds, and operates digital infrastructure for high performance computing colocation services. The company shifted its focus from cryptocurrency mining to digital infrastructure colocation services after failing to secure funding for Bitcoin mining hardware. Effective April 7, 2025, Edgemode completed a share exchange with SAPL, acquiring the subsidiary to design, build, and operate purpose built data center facilities for high performance computing customers. SAPL, organized under the laws of England and Wales, will be renamed EdgeMode Europe Limited and provides the expertise and existing infrastructure needed for the new business. Between 2021 and 2023, the company attempted to become a key figure in Bitcoin mining but lacked the necessary funding to finance the purchase of mining hardware and hosting contracts. As a result, since late 2023 and throughout 2024, Edgemode’s primary activities consisted of identifying and evaluating suitable acquisition transaction candidates, which led to the shift toward digital infrastructure colocation services.

Edgemode generates revenue by licensing colocation data center space and related services such as power delivery, physical security, maintenance, and other billable expenses at its Marviken facility. Customers typically pay fixed payments based on contracted electric capacity and variable recurring charges tied to actual power usage and square footage. These licensing agreements include lease components, non lease components, and taxes, with revenue recognized over the term of the contract. The company also reports an initial payment of approximately $303,000 received for colocation services to be delivered in the future. The company states that it requires approximately $5,000,000 of immediate funding to commence its HPC hosting operations and to repay existing debt. Through a memorandum of understanding with BAIF, Edgemode plans to develop gas powered AI data centers in Spain, which could become an additional source of revenue once constructed. High performance computing involves clusters of powerful processors that work in parallel to process massive data sets and solve complex problems at extremely high speeds. The proliferation of data, as well as data intensive and AI enabled applications, is driving demand for the computing power of high performance computing.

Edgemode aims to become a leading provider of digital colocation services in the high performance computing hosting market. The acquisition of SAPL has positioned the company to enter the rapidly evolving HPC hosting market in an efficient and effective manner. Edgemode believes its purpose built facilities and expertise acquired through SAPL give it a competitive advantage in meeting the rising demand for outsourced data center space. The company intends to capitalize on the growing need for cloud, machine learning, and artificial intelligence infrastructure among hyperscale providers and enterprises. By focusing on dedicated, purpose built data centers, Edgemode seeks to differentiate itself from generic colocation providers and to capture demand from customers requiring specialized high performance computing environments. Edgemode believes that opportunities for growth exist in various applications of its data centers, which is another factor influencing its decision to offer digital infrastructure colocation services to third parties engaged in high performance computing. The company’s strategy is focused on serving the needs of large hyperscale providers and enterprises that have significant data center infrastructure needs not yet outsourced or that will require additional space and power to support their growth.

Edgemode serves third party customers engaged in cloud computing, machine learning, and artificial intelligence. The company also targets hyperscale cloud based providers and enterprises that require additional data center capacity and power to support their growth. Edgemode has indicated that it intends to expand its customer base by engaging additional customers in the HPC hosting market as it develops new facilities. Edgemode has received an initial payment of approximately $303,000 for colocation services to be provided by the company, indicating at least one committed customer. The firm intends to leverage the expertise and infrastructure acquired through SAPL to attract additional customers seeking reliable, secure, and scalable data center solutions for their high performance computing workloads.