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An announcement from EdgeMode ( (EDGM) ) is now available.
On April 7, 2025, Edgemode, Inc. completed a Share Exchange Agreement with Synthesis Analytics Production Ltd (SAPL) and Adler Capital Limited, acquiring 100% of SAPL’s outstanding capital stock. This acquisition positions Edgemode to enter the HPC hosting market, leveraging SAPL’s existing infrastructure to meet the growing demand for data center facilities. The company plans to focus on building data centers and expanding its HPC hosting customer base. Dr. Niclas Adler, CEO of SAPL, has been appointed as Edgemode’s Chief Technology Officer and a board member, with an employment agreement that includes a base salary and stock options. The acquisition marks Edgemode’s strategic shift from cryptocurrency mining to digital infrastructure services, aiming to capitalize on the growing demand for outsourced data center facilities.
More about EdgeMode
Edgemode, Inc. is a company transitioning from cryptocurrency mining to digital infrastructure colocation services and high-performance computing (HPC) hosting. The company aims to become a leading provider of digital colocation services by designing, building, and operating digital infrastructure for HPC. Edgemode plans to leverage its acquisition of Synthesis Analytics Production Ltd (SAPL) to enter the rapidly evolving HPC hosting market, focusing on cloud computing, machine learning, and artificial intelligence.
Technical Sentiment Signal: Strong Buy
Current Market Cap: $976.7K
For detailed information about EDGM stock, go to TipRanks’ Stock Analysis page.