EdgeMode Issues Statement Addressing Inaccurate Third-Party Research Report

Core Viewpoint - EdgeMode, Inc. issued a statement to correct inaccuracies in a report by Wall Street Global Research, which the company claims mischaracterizes its business model, development strategy, and European execution capabilities [2][3]. Group 1: Business Model and Strategy - The report inaccurately describes EdgeMode as merely securing options on rural land, while the company operates a development-to-Ready-to-Build (RTB) strategy, which includes securing land and power, completing permitting, and reaching RTB status [7][8]. - EdgeMode's strategy focuses on creating its own energy supply rather than competing for grid connections, which is a fundamental misunderstanding highlighted in the report [10][11]. - The company emphasizes that "Tier-3-ready" is a legitimate design standard tied to specific deliverables, not a marketing ploy [14]. Group 2: Execution and Team - The report falsely claims that EdgeMode lacks a European execution team, while the company has a Spain-based team with experience delivering over 10 GW of infrastructure across Europe and LATAM [15][17]. - EdgeMode has secured gas baseload access and is utilizing Solid Oxide Fuel Cells (SOFC) under financed Power Purchase Agreements (PPAs) for rapid time-to-power [16]. Group 3: Financial Model - The report misrepresents EdgeMode's RTB monetization strategy as an "exit-to-anyone" approach driven by a lack of capital, whereas the company intentionally adopts a capital-light model focusing on RTB monetization and building recurring revenue through Battery Energy Storage Systems (BESS) [18][19]. - EdgeMode is not attempting to self-fund multi-billion-dollar hyperscale builds, as its business model is centered on developing a repeatable platform in a market where power-secured, permitted AI sites are scarce [19]. Group 4: Ethical Context - EdgeMode addresses the report publicly due to concerns about the commercial pressure framework under which the purported research was produced and circulated, particularly after the company declined to approve paid coverage [20][21]. - The company encourages investors to review its published materials for verified information and to engage directly with the company [22].