EdgeMode Issues Statement Addressing Inaccurate Third-Party Research Report

Core Viewpoint - EdgeMode, Inc. has 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 [1][2]. 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 [6][7]. - EdgeMode's RTB is the product, and the company does not claim to be operational or present early development work as completed infrastructure [8]. - The report's claim regarding EdgeMode's ownership of 300MW grid connections in Europe is based on a fundamental misunderstanding of the company's strategy, which focuses on creating its own energy supply rather than competing in congested grid interconnection queues [9][10]. - EdgeMode is developing power-secure campuses using on-site and near-site generation, including secured gas baseload access and Solid Oxide Fuel Cells (SOFC) [11]. - The company aims for a time-to-power of under 12 months, which is a design objective rather than a claim of existing grid interconnection [12]. Group 2: Execution and Team - The report falsely implies that EdgeMode lacks a European execution team, while the company has a Spain-based team with experience delivering over 10GW of infrastructure across Europe and LATAM [14][15]. - EdgeMode has recently completed a joint venture agreement with Blackberry AIF, which includes a committed team for development under the JV framework [14]. Group 3: Financial Model - The report misrepresents EdgeMode's monetization strategy as an "exit-to-anyone" approach driven by a lack of capital, whereas the company's model is intentionally capital-light, focusing on RTB monetization through sale or selective joint ventures [16][17]. - EdgeMode is not attempting to self-fund multi-billion-dollar hyperscale builds, as its business model is centered on building a repeatable development platform in a market where power-secured, permitted AI sites are scarce [17]. Group 4: Ethical Context - EdgeMode addresses the report publicly due to the commercial pressure framework under which it was produced, highlighting the importance of transparency in research credibility [18][19]. - The company encourages investors to review its published materials and engage directly for verified information [20].