We take a disciplined, power-first approach
to originate, invest in, monetize, and optimize
critical infrastructure assets with a focus on
delivering outsized long-term value for our
investors across the asset lifecycle.
Our power-first approach is built on a high-
velocity, utility-scale origination program.
Guided by rigorous due diligence, we identify
high-potential assets that can immediately
support HPC workloads, as well as sites where
Bitcoin mining can serve as a transitional load
to enable rapid, cost-effective monetization.
We integrate select assets into our
platform through targeted underwriting and
disciplined capital deployment. We strive
to optimize our cost of capital by taking a
disciplined approach to capital formation and
leveraging creative financing strategies that
support efficient growth and mitigate risk.
We seek to monetize each asset in our
platform with the use case we believe will
deliver the highest risk-adjusted returns,
often leveraging Bitcoin mining to accelerate
time to cash flow. This flexibility enables us
to scale our power footprint often faster and
more cost-effectively than developers bound
by traditional commercialization timelines.
We take an active approach to portfolio
management, developing innovations in
infrastructure design, development, and
operations to enhance asset performance,
expand optionality, and unlock return
potential. Over time, we aim to maximize
platform yield by transitioning suitable
assets to higher-return use cases.
As of March 31, 2025
As of March 31, 2025