Edgemode Inc (OTC: EDGM) is a data center development company that is building high-performance computing (HPC) and AI data center infrastructure, having transitioned from its original blockchain transaction processing (mining) business. The company intends to generate revenue through colocation and hosting services provided to HPC and AI computing customers. As of the 10-K filed April 13, 2026, Edgemode has not yet generated revenue from HPC services. The company holds a 50.1% controlling interest in DC Estate Solutions, a joint venture with BAIF, formed to develop up to 4,350 MW of data center capacity across eight leased sites in Spain. Total committed funding to the joint venture is a minimum of $11,150,000. Edgemode competes in the AI data center market against established operators including Equinix, Digital Realty Trust, NTT, and Switch.
- Revenue model
- Intended revenue model is colocation and hosting fees from HPC and AI customers under multi-year master services agreements. One executed agreement with Cudo Ventures Ltd covered 1 MW capacity over a five-year term at a monthly rate of approximately $75,887, but that agreement was terminated as of the filing date. No HPC-derived revenue had been recognized as of the FY2025 10-K filing.
- Products and services
- Tier 3 uptime AI and HPC data center infrastructure; colocation and hosting services for high-performance computing workloads including cloud computing, machine learning, and artificial intelligence. Sites are planned as gas-powered, fully autonomous energy islands with no grid connection requirement. Eight Spain-based leased sites with targeted aggregate capacity of up to 4,350 MW (per Second Addendum executed March 23, 2026).
- Customers and end markets
- HPC and AI computing operators. One disclosed customer: Cudo Ventures Ltd, a cloud computing company, under a Master Services Agreement executed January 21, 2025 and subsequently terminated. End markets include cloud computing, machine learning, and artificial intelligence infrastructure.
- Value-chain role
- Data center developer and infrastructure operator. Edgemode funds site development through DC Estate Solutions (50.1% owned joint venture with BAIF), then intends to lease colocation capacity to HPC customers. The company sits between real estate and infrastructure development on one side and compute-as-a-service customers on the other.
- Geographic exposure
- Spain. Eight data center sites governed by Spain-based leases, held through special purpose vehicles transferred into the DC Estate Solutions joint venture.
- Competitors
- Equinix, Digital Realty Trust, NTT, Switch
Source: SEC 10-K, filed 2026-04-13
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