Alpha Compute Acquires GAMEE; $32.2M GPU Deal; $23M Projected Revenue
Alpha Compute Corp. provided a comprehensive business update, highlighting the completion of its majority acquisition of GAMEE, a mobile and Telegram-based gaming platform with 120 million users. The company also announced its first enterprise-scale GPU cluster, ALPHA-01, is live in Canada with 504 NVIDIA B200s, securing a $32.2 million two-year off-take agreement generating $16.1 million in Annual Recurring Revenue. Alpha Compute reported $79.2 million in total assets, $44.4 million in liabilities, and projected annual revenue of $23 million, marking a transition from infrastructure buildout to operating scale. Additionally, a national "Own Your Data" campaign has launched, and a second GPU cluster, ALPHA-02, is in progress in Sweden.
Key Highlights
- Acquired 60% controlling interest in GAMEE for an implied $18M valuation, adding 120M users.
- Secured a $32.2M two-year off-take agreement for ALPHA-01 GPU cluster, generating $16.1M ARR.
- Projected annual revenue run-rate of $23 million.
- Total Assets: $79.2 million; Total Liabilities: $44.4 million; Total Equity: $34.8 million.
- ALPHA-01 (Canada) live with 504 NVIDIA B200 GPUs, 100% hydroelectric powered.
- ALPHA-02 (Sweden) in progress, adding 576 NVIDIA B200 GPUs.
- GAMEE generated $3.5 million revenue in 2025 and $926,000 in Q1 2026.
- Launched "Own Your Data" national media campaign on CNBC, Fox Business, Newsmax.
Price Impact
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