TLDR
- AlphaTON Capital stock rocketed 186.8% after-hours Monday, climbing from $0.91 to $2.61 per share
- Company closed $46 million acquisition for 576 NVIDIA B300 chips with February delivery timeline
- Financing mix includes $4M cash paid, $32.7M non-recourse debt, $9.3M equity installments due pre-delivery
- AtNorth’s hydroelectric Sweden data center will host chips with March 2026 revenue launch expected
- Deal replaces November 2025 agreement for 1,000+ NVIDIA B200 GPUs with updated B300 strategy
AlphaTON Capital Corp delivered a stunning after-hours performance Monday. The stock closed regular trading at $0.91. Extended session trading sent shares to $2.61, a 186.8% gain.
The surge followed news of a $46 million NVIDIA B300 chip deal. AlphaTON secured 576 chips in the transaction.
The numbers catch attention for a micro-cap stock. AlphaTON’s market value totals $7.86 million. The chip purchase is nearly six times the company’s entire valuation.
Financing came from multiple sources. The company paid $4 million from existing funds. Banks provided $32.7 million through non-recourse loans. Equity payments of $9.3 million must clear before February delivery.
Non-recourse loans protect the company’s broader assets. Lenders can only seize project-specific collateral if needed.
Hardware Deployment and Revenue Timeline
Sweden’s AtNorth data center will receive the equipment. The facility uses exclusively hydroelectric power. Chips ship in February with March installation planned.
CUDO Compute and SNET Energy Ltd provide operational management. Vertical Data and LEAP handled financing arrangements.
AlphaTON forecasts a 27% internal rate of return on investment. Net present value calculations show $11 million. Revenue generation begins in March 2026 according to company projections.
Payment terms favor the company initially. No debt service or interest is due until chips produce revenue.
CEO Brittany Kaiser positioned the infrastructure as privacy-focused. The setup connects to Telegram’s Cocoon AI network. This platform handles confidential computing for data-sensitive applications.
Previous GPU Plans Replaced
The current deal cancels an earlier commitment. AlphaTON announced in November 2025 it would buy over 1,000 NVIDIA B200 GPUs. The company switched direction to B300 chips.
Industry spending trends support AI infrastructure plays. Moody’s Ratings expects $3 trillion in data center investments through 2030. Cloud computing and AI workloads drive the capital flow.
Meta introduced “Meta Compute” Monday. The program expands AI infrastructure capacity and vendor relationships. Major tech companies continue aggressive hardware spending.
Key execution points lie ahead for AlphaTON. February delivery must happen on schedule. Installation needs smooth completion in March. Revenue must materialize as forecast.
The outstanding equity component requires watching. AlphaTON owes $9.3 million before chips arrive. Meeting this obligation demonstrates financial capability.
Price volatility defines AlphaTON’s recent trading. The 52-week range stretches from $0.56 to $15.82. Company financials show more cash than debt with a 2.02 current ratio.
Risk factors accompanied the announcement. Crypto market movements could affect results. Regulatory issues might develop. Technical complications during rollout could delay timelines. Smaller companies face magnified pressure from these variables.
Tuesday morning will reveal whether gains persist. Premarket trading often shows whether sentiment holds. The 576 NVIDIA B300 chips are scheduled for February arrival at the Sweden facility with March 2026 full deployment.
