This Little-Known Company Sinks After Securing $11 Million in Nvidia Blackwell AI Servers
Yahoo Finance ·
This Little-Known Company Sinks After Securing $11 Million in Nvidia Blackwell AI Servers Nauman Khan Mon, June 29, 2026 at 1:52 PM EDT 1 min read NVDA This article first appeared on GuruFocus . Bit Origin ( NASDAQ:BTOG ) slid about 15% on Monday after the company disclosed an acquisition of roughly $11 million worth of Nvidia Blackwell B300 AI infrastructure. The Singapore-based company said the transaction includes 16 Nvidia Blackwell B300 AI servers that are expected to arrive during the third quarter of 2026. The systems are slated for deployment at a Malaysia data center under existing hosting arrangements. Warning! GuruFocus has detected 3 Warning Signs with NVDA. Is NVDA fairly valued? Test your thesis with our free DCF calculator. Bit Origin said the purchase will be funded through $1 million in cash and $10 million of equity issued through pre-funded warrants. The deal also includes customer deployment agreements and hosting contracts tied to the acquired infrastructure. Based on those agreements, Bit Origin expects the servers to generate about $360,000 in monthly revenue before operating expenses once they become operational. The company said commercial deployment is expected to begin following delivery of the equipment.
DYAX Investor Sentiment
Bullish (Long) 62% · Bearish (Short) 38%
351 participants
Related News
- Jack in the Box rallies again as shorts get pressured
- FuelCell Energy raised to Buy at B. Riley as investment case boosted by data center deal
- AI power demand: Utilities cashing in on data center expansion
- Tesla (TSLA) Is Exploring a New Global Partnership And It Goes Beyond EVs
- 3 Inflation-Resistant Stocks Poised to Keep Winning Through Year-End
- Broad AI anxiety contrasts with strong personal job security - survey