Montana Technologies Corporation Price & Performance (AIRJW)

Applied Digital has secured $375 million in financing to accelerate construction at its Ellendale HPC Campus, following a board decision to divest its Cloud Services Business. The company also appointed Laura Laltrello as COO, signaling a push to strengthen its position in AI-focused data centers. Negotiations with hyperscalers for 400 MW of capacity are ongoing.12

Signing Day Sports has signed a non-binding letter to acquire blockchAIn Digital Infrastructure for $215 million in a reverse merger. The deal would shift the company from sports tech into digital infrastructure, with immediate hosting capacity in South Carolina and plans for a 150MW Texas facility, pending due diligence within 45 days.32

Bitdeer has begun early construction at its 221 MW Massillon, Ohio site and is advancing a 500 MW project in Bhutan, with phased energization expected by June 2025. The company also secured a lease for a 304 MW site in Ohio, reinforcing its rapid expansion in high-capacity, energy-intensive infrastructure.42