Core Insights - AlphaTON Capital Corp. has announced a strategic investment to acquire a high-performance compute cluster of over 1,000 Nvidia B200 GPUs, valued at approximately $68 million, positioning itself as a key compute provider for Telegram's Cocoon AI network [1][6][10] Transaction Structure and Financing - The acquisition will be financed through a combination of $30 million in equity capital from AlphaTON and $52.5 million in debt financing facilitated by Vertical Data, resulting in a total project capitalization of approximately $82.5 million [6][2] Strategic Infrastructure Partnership - AlphaTON has partnered with CUDO Compute, SNET Energy UK Ltd, and Vertical Data to deploy and operate the GPU cluster, ensuring technical excellence and sustainable power data center development [3][4] Hardware Specifications and Capabilities - The compute cluster will feature cutting-edge AI inference and training capabilities with a target utilization rate of 90%, generating revenue through dedicated workloads for Cocoon AI and external GPU rentals [5][7] Projected Financial Performance - The investment is projected to yield an internal rate of return (IRR) of 59.7%, a net present value (NPV) of $59.6 million, and a return on investment (ROI) of 615%, with total cash returned projected at $150 million over five years [7][8] Revenue Projections - Revenue projections are based on conservative assumptions, including a 20% annual price compression in the first year and a 10% compression in subsequent years, with consistent EBITDA margins ranging from 64% to 73% over a five-year forecast [8] Successful Pilot Program - AlphaTON successfully launched a pilot program for Cocoon AI on November 25, 2025, validating the technology and enhancing the network's scalability and performance [8][10] Strategic Rationale - The company is committed to an "AI For Good" initiative, promoting ethical access and user data sovereignty, positioning itself as a decentralized alternative to centralized AI services [9][10] Market Context and Competitive Positioning - The investment aligns with a growing demand for AI infrastructure, with McKinsey projecting a 3.5x growth in data center AI workload capacity from 2025 to 2030, highlighting the potential for value capture in the sector [16] Deployment Timeline and Commercial Milestones - Key milestones include transaction closure in Q4 2025, hardware delivery and performance benchmarking in Q1 2026, and full implementation of Cocoon AI workloads by Q2 2026 [13][15]

Core Insights - AlphaTON Capital Corp. has announced a strategic investment to acquire a high-performance compute cluster of over 1,000 Nvidia B200 GPUs valued at approximately $68 million, enhancing its position as a compute provider for Telegram's Cocoon AI network [2][6] - The total assets of AlphaTON will increase to $97 million, combining the GPU acquisition with a $27 million Digital Asset Treasury [1] - The investment aims to create diversified revenue streams through high-performance compute and GPU rental services, with projected internal rates of return (IRR) of 59.7% and net present value (NPV) of $59.6 million [8][15] Transaction Structure and Financing - The acquisition will be financed through a combination of $30 million in equity capital from AlphaTON and $52.5 million in debt financing facilitated by Vertical Data, totaling approximately $82.5 million [7][3] - The debt facility will be fully amortized over 36 months, maintaining debt service coverage ratios above 1.0x throughout the amortization schedule [3] Strategic Infrastructure Partnership - AlphaTON has partnered with CUDO Compute, a leading European NVIDIA Cloud Partner, to deploy and operate the GPU cluster, ensuring production-grade uptime and scalable governance [4] - SNET Energy UK Ltd will provide expertise in sustainable-power data center development, while Vertical Data will assist with GPU cluster deployment and hardware sourcing [5] Hardware Specifications and Capabilities - The compute cluster will feature over 1,000 Nvidia B200-class GPUs, designed for AI inference and training, with a target utilization rate of 90% [6] - The infrastructure is modular and upgradable, accommodating rapid advancements in AI hardware [6] Revenue Projections and Financial Model - Revenue projections are based on conservative assumptions, including a 20% annual price compression in the first year and 10% in subsequent years, with consistent EBITDA margins ranging from 64-73% over a five-year forecast [9] - Year 1 gross profit margins are projected at 32% [9] Strategic Rationale - AlphaTON is committed to an "AI For Good" initiative, promoting ethical access and user data sovereignty in AI technologies, positioning itself as a decentralized alternative to major tech companies [10][11] - The investment supports the development of a sovereign compute layer for Telegram's nearly one billion users, ensuring privacy and freedom [11][12] Market Context and Competitive Positioning - The investment aligns with a growing demand for AI infrastructure, with McKinsey projecting a 3.5x growth in data center AI workload capacity between 2025 and 2030 [18] - The U.S. government's support for AI infrastructure, including a 10% equity stake in Intel, indicates the sector's importance and resilience [19]

Core Insights - AlphaTON Capital Corp has announced a strategic investment of approximately $68 million to acquire a high-performance compute cluster consisting of over 1,000 Nvidia B200 GPUs, enhancing its position as a compute provider for Telegram's Cocoon AI network [1][5][10] Transaction Structure and Financing - The acquisition will be financed through a combination of $30 million in equity capital from AlphaTON and $52.5 million in debt financing, resulting in a total project capitalization of approximately $82.5 million [6][2] - The debt facility will be fully amortized over 36 months, maintaining debt service coverage ratios above 1.0x throughout the amortization schedule [2] Strategic Infrastructure Partnership - AlphaTON has partnered with CUDO Compute, SNET Energy UK Ltd, and Vertical Data to deploy and operate the GPU cluster, ensuring technical excellence and sustainable power [3][4] Hardware Specifications and Capabilities - The compute cluster will feature cutting-edge AI inference and training capabilities, designed for 90% target utilization, generating revenue through dedicated workloads for Cocoon AI and external GPU rentals [5][7] Projected Financial Performance - The investment is projected to yield an internal rate of return (IRR) of 59.7% and a net present value (NPV) of $59.6 million, with conservative revenue projections accounting for 20% annual price compression in the first year [7][8] - The financial model indicates consistent EBITDA margins ranging from 64-73% over a five-year forecast horizon, with Year 1 gross profit margins of 32% [8] Successful Pilot Program - AlphaTON successfully launched a pilot program for Cocoon AI on November 25, 2025, validating the technology and paving the way for further deployment [8] Strategic Rationale - The company aims to democratize AI through its "AI For Good" initiative, focusing on ethical access, user data sovereignty, and environmental responsibility [9][10] - AlphaTON's investment supports the development of a decentralized compute layer that respects user privacy and content rights, contrasting with centralized models prevalent in the industry [11] Market Context and Competitive Positioning - The investment aligns with a growing demand for AI infrastructure, with McKinsey projecting a 3.5x increase in data center AI workload capacity between 2025 and 2030 [17] - The U.S. government's support for AI infrastructure, including a 10% equity stake in Intel, underscores the sector's importance [18]

Core Insights - AlphaTON Capital Corp. has announced a strategic investment to acquire a high-performance compute cluster of over 1,000 Nvidia B200 GPUs, valued at approximately $68 million, positioning itself as a key compute provider for Telegram's Cocoon AI network [1][6][10] Transaction Structure and Financing - The acquisition will be financed through a combination of $30 million in equity capital from AlphaTON and $52.5 million in debt financing facilitated by Vertical Data, resulting in a total project capitalization of approximately $82.5 million [2][6] - The debt facility will be fully amortized over 36 months, maintaining debt service coverage ratios above 1.0x throughout the schedule [2] Strategic Infrastructure Partnership - AlphaTON has partnered with CUDO Compute, a leading European NVIDIA Cloud Partner, to deploy and operate the GPU cluster, ensuring production-grade uptime and scalable governance [3] - SNET Energy UK Ltd will provide expertise in sustainable power data center development, while Vertical Data will assist with GPU cluster deployment and hardware sourcing [4] Hardware Specifications and Capabilities - The compute cluster will feature over 1,000 Nvidia B200-class GPUs, designed for AI inference and training, with a target utilization rate of 90% [5][12] - The investment is projected to yield an internal rate of return (IRR) of 59.7%, with a projected net present value (NPV) of $59.6 million and a return on investment (ROI) of 615% over five years [7] Revenue Streams and Financial Projections - The cluster will generate revenue through dedicated workloads for Cocoon AI and external GPU rentals via CUDO Compute's marketplace [7] - Revenue projections account for conservative assumptions, including a 20% annual price compression in the first year and a 10% in subsequent years, with consistent EBITDA margins ranging from 64-73% over a five-year forecast [8] Strategic Rationale - AlphaTON aims to democratize AI with an "AI For Good" initiative, focusing on ethical access, user data sovereignty, and environmental responsibility [9][10] - The company emphasizes the importance of decentralized AI services, contrasting its approach with the centralized models of major tech companies [11] Deployment Timeline and Commercial Milestones - The transaction is expected to close in Q4 2025, with hardware delivery and performance validation planned for Q1 2026, followed by full implementation of Cocoon AI workloads in Q2 2026 [13][15] Market Context and Competitive Positioning - The investment aligns with a significant growth forecast in AI infrastructure, with data center AI workload capacity projected to grow 3.5x from 2025 to 2030 [16] - The U.S. government's support for AI infrastructure, including a 10% equity stake in Intel, underscores the sector's importance [17]

Cathie Wood’s ARK Invest pushed deeper into the crypto sector this week, adding another wave of purchases across several beaten-down digital-asset-linked stocks as the broader market continued to slide. The investment firm spent more than $93 million on Tuesday alone, extending a month-long pattern of buying into weakness as crypto equities struggle to recover from sharp November losses. Cathie Wood Doubles Down on Crypto Equities as Sector Posts Its Sharpest Monthly Drop The latest accumulation came on ...

Photo by BeInCrypto Kakao Bank has reportedly shifted to active stablecoin development under founder Kim Beom-soo, while Naver is finalizing a merger with Dunamu, the operator of Upbit, South Korea's largest crypto exchange. These moves come as lawmakers push forward stablecoin bills that could reshape the country's digital financial landscape. Kakao Accelerates Stablecoin Development According to a local media report, Kakao Bank is building blockchain infrastructure for its planned stablecoin, "Kakao ...

First-of-its-Kind Investment Provides Direct Exposure to Telegram's $3 Billion Projected Annual Revenue paying ~9% APY with Convertible discount of 20% in a Telegram Change of Control Scenario, in addition, ATON will use the 9% APY to accumulate more TON Coin for its Digital Asset TreasuryTORTOLA, BVI, Nov. 25, 2025 (GLOBE NEWSWIRE) -- AlphaTON Capital Corp. (NASDAQ: ATON), a leading digital asset technology company focused on the Telegram and TON ecosystem, today announced its strategic interest in acquiri ...

Stablecoin giant Tether has announced a strategic investment in Parfin, a Latin American platform for digital asset custody, tokenization, trading, and institutional management. The investment is intended to accelerate the adoption of USDT in enterprise-grade use cases and expand blockchain-based settlement infrastructure across the region. Strengthening USDT for Institutional Settlement and RWA Markets Tether’s investment reflects its broader commitment to establishing USDT as a core settlement and liq ...

Cypherpunk Technologies (CYPH), a digital-asset treasury firm backed by Gemini founders Cameron and Tyler Winklevoss, said it added $18 million worth of Zcash (ZEC) to its balance sheet. The firm disclosed it purchased 29,869 tokens at an average price of $602.63, boosting its total holdings to 233,644 ZEC, currently worth roughly $150 million. The purchase followed the firm's initial $50 million investment . Together, the firm now controls about 1.43% of Zcash’s total circulating supply. Cypherpunk has ...

Analysts at Samosa Capital Investment Fund have warned that Michael Saylor’s BTC strategy is “hurting Bitcoin’s price action”, which is a net-negative for the Bitcoin community. According to certified analysts, Saylor’s Bitcoin digital asset treasury company, Strategy (formerly MicroStrategy), is “a highly leveraged holding company traded on public exchanges that could blow up, exactly the opposite of what Bitcoin was intended to be.” Vinny Lingham, economist and co-founder at Praxos Capital, also compla ...