{"success":true,"data":{"pressRelease":{"id":"123856","rtpr_id":"nGNX5GJPdp","ticker":"PWCM","exchange":"NASDAQ","all_tickers":["PWCM"],"title":"PowerCompute Announces July 2026 Production and Operational Update","author":"Globe Newswire","published_at":"2026-08-20T12:00:01.103Z","article_body":"Bitcoin treasury as of July 31, 2026 was 315.1 BTC valued at $20.2 million\n\nCaptured $91,000 in curtailment and energy sales revenue during the month\n\nTAMPA, Fla., Aug. 20, 2026 (GLOBE NEWSWIRE) -- PowerCompute, Inc. (NASDAQ:\nPWCM) (“PowerCompute” or the “Company”), a Bitcoin treasury and mining\ncompany expanding into high-performance computing (“HPC”) and artificial\nintelligence (“AI”) infrastructure, today announced its preliminary,\nunaudited Bitcoin mining and operational update for the month ended July 31,\n2026.\n\n Metric          July 2025  June 2026  July 2026  \n - Bitcoin (1)                                    \n - Mined, net    5.9        8.7        7.9        \n - Sold          11.0       13.1       11.1       \n - Purchased     -          -          -          \n - Service Fee   -          -          -          \n - Bitcoin HODL  150.4      318.3      315.1 (2)  \n\n\"July production of 7.9 Bitcoin reflected seasonal heat-related curtailment at\nour Oklahoma and Mississippi sites, which is typical for this time of year,\"\nsaid Bruce M. Rodgers, Chairman, Chief Executive Officer and President of\nPowerCompute. \"That same curtailment generated approximately $91,000 of energy\nsales revenue during the month, and the ability to monetize our power when it\nis most valuable to the grid is precisely the flexibility that owning our\ninfrastructure gives us.\n\nRodgers concluded, \"We reduced Bitcoin sales month over month while\nmaintaining treasury holdings above 315 Bitcoin. Our focus now is on\nconverting owned, low-cost, energized power into higher-value compute, and we\nlook forward to updating shareholders as that work progresses.\"\n\nThe Company estimates that the value of its 315.1 Bitcoin holdings on July 31,\n2026, was approximately $20.2 million, based on a Bitcoin price of\napproximately $64,000 as of July 31, 2026. This total Bitcoin value has\nsubsequently increased as of August 19, 2026, to approximately $21.5 million\nbased on Bitcoin price of $68,200 as of that date.\n\nThe Company periodically sells Bitcoin from its treasury to fund operations\nand strategic initiatives. Proceeds from Bitcoin sales are reported as cash\nflows from investing activities in the Company's consolidated financial\nstatements. Subsequent to the end of the month, in August, the Company\nrefinanced and consolidated approximately $18 million of debt into a single\nfacility with Arch Lending secured by Bitcoin from its treasury, which allows\nthe Company to use its Bitcoin as collateral rather than sell holdings to\nservice that debt.\n\nAbout PowerCompute\n\nPowerCompute, Inc. (Nasdaq: PWCM) is a Bitcoin treasury and mining company\nexpanding into high-performance computing and artificial intelligence\ninfrastructure. Founded in 2008 and headquartered in Tampa, Florida, the\nCompany operates 26 megawatts of wholly-owned power infrastructure across\nfacilities in Oklahoma and Mississippi. The Company also operates a\ntechnology-enabled specialty finance business providing funding to nonprofit\ncommunity associations primarily in the State of Florida. For more\ninformation, please visit https://www.power-compute.com.\n\nForward-Looking Statements\n\nThis press release may contain forward-looking statements made pursuant to the\nPrivate Securities Litigation Reform Act of 1995. Words such as\n“anticipate,” “believe,” “estimate,” “expect,” “intend,”\n“plan,” and “project” and other similar words and expressions are\nintended to signify forward-looking statements. Forward-looking statements are\nnot guarantees of future results and conditions but rather are subject to\nvarious risks and uncertainties. Some of these risks and uncertainties are\nidentified in the Company’s most recent Annual Report on Form 10-K and its\nother filings with the SEC, which are available at www.sec.gov. These risks\nand uncertainties include, without limitation, the volatility of Bitcoin and\nother cryptocurrency prices, risks related to the use of Bitcoin as collateral\nfor the Arch Facility, including the requirement to post additional collateral\nif the value of Bitcoin declines, our ability to satisfy the terms and\nconditions of the Arch Facility or to extend such loans on satisfactory terms,\nour ability to successfully enter and operate in the high-performance\ncomputing and AI infrastructure business, the availability and cost of GPU and\nrelated infrastructure equipment, competition in the HPC and AI compute\nmarket, our ability to finance our site acquisitions and cryptocurrency mining\noperations, the risks of operating in the cryptocurrency mining business and\nour ability to grow that business, the capacity of our Bitcoin mining machines\nand our related ability to purchase power at reasonable prices, and our\nability to identify and acquire additional mining sites. The occurrence of any\nof these risks and uncertainties could have a material adverse effect on our\nbusiness, financial condition, and results of operations.\n\nInvestor and Media Contact\n\nKCSA Strategic Communications \nPhilip Carlson\npwcm@kcsa.com \n212-896-1233\n\n(1)Unaudited\n(2)Includes 307 BTC held for loan facility\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/68b7557d-5e1e-44a5-ba71-1cdae7b7e777)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX5GJPdp","title":"PowerCompute Announces July 2026 Production and Operational Update","author":"Globe Newswire","ticker":"PWCM","created":"2026-08-20T12:00:01.103Z","tickers":["PWCM"],"exchange":"NASDAQ","article_body":"Bitcoin treasury as of July 31, 2026 was 315.1 BTC valued at $20.2 million\n\nCaptured $91,000 in curtailment and energy sales revenue during the month\n\nTAMPA, Fla., Aug. 20, 2026 (GLOBE NEWSWIRE) -- PowerCompute, Inc. (NASDAQ:\nPWCM) (“PowerCompute” or the “Company”), a Bitcoin treasury and mining\ncompany expanding into high-performance computing (“HPC”) and artificial\nintelligence (“AI”) infrastructure, today announced its preliminary,\nunaudited Bitcoin mining and operational update for the month ended July 31,\n2026.\n\n Metric          July 2025  June 2026  July 2026  \n - Bitcoin (1)                                    \n - Mined, net    5.9        8.7        7.9        \n - Sold          11.0       13.1       11.1       \n - Purchased     -          -          -          \n - Service Fee   -          -          -          \n - Bitcoin HODL  150.4      318.3      315.1 (2)  \n\n\"July production of 7.9 Bitcoin reflected seasonal heat-related curtailment at\nour Oklahoma and Mississippi sites, which is typical for this time of year,\"\nsaid Bruce M. Rodgers, Chairman, Chief Executive Officer and President of\nPowerCompute. \"That same curtailment generated approximately $91,000 of energy\nsales revenue during the month, and the ability to monetize our power when it\nis most valuable to the grid is precisely the flexibility that owning our\ninfrastructure gives us.\n\nRodgers concluded, \"We reduced Bitcoin sales month over month while\nmaintaining treasury holdings above 315 Bitcoin. Our focus now is on\nconverting owned, low-cost, energized power into higher-value compute, and we\nlook forward to updating shareholders as that work progresses.\"\n\nThe Company estimates that the value of its 315.1 Bitcoin holdings on July 31,\n2026, was approximately $20.2 million, based on a Bitcoin price of\napproximately $64,000 as of July 31, 2026. This total Bitcoin value has\nsubsequently increased as of August 19, 2026, to approximately $21.5 million\nbased on Bitcoin price of $68,200 as of that date.\n\nThe Company periodically sells Bitcoin from its treasury to fund operations\nand strategic initiatives. Proceeds from Bitcoin sales are reported as cash\nflows from investing activities in the Company's consolidated financial\nstatements. Subsequent to the end of the month, in August, the Company\nrefinanced and consolidated approximately $18 million of debt into a single\nfacility with Arch Lending secured by Bitcoin from its treasury, which allows\nthe Company to use its Bitcoin as collateral rather than sell holdings to\nservice that debt.\n\nAbout PowerCompute\n\nPowerCompute, Inc. (Nasdaq: PWCM) is a Bitcoin treasury and mining company\nexpanding into high-performance computing and artificial intelligence\ninfrastructure. Founded in 2008 and headquartered in Tampa, Florida, the\nCompany operates 26 megawatts of wholly-owned power infrastructure across\nfacilities in Oklahoma and Mississippi. The Company also operates a\ntechnology-enabled specialty finance business providing funding to nonprofit\ncommunity associations primarily in the State of Florida. For more\ninformation, please visit https://www.power-compute.com.\n\nForward-Looking Statements\n\nThis press release may contain forward-looking statements made pursuant to the\nPrivate Securities Litigation Reform Act of 1995. Words such as\n“anticipate,” “believe,” “estimate,” “expect,” “intend,”\n“plan,” and “project” and other similar words and expressions are\nintended to signify forward-looking statements. Forward-looking statements are\nnot guarantees of future results and conditions but rather are subject to\nvarious risks and uncertainties. Some of these risks and uncertainties are\nidentified in the Company’s most recent Annual Report on Form 10-K and its\nother filings with the SEC, which are available at www.sec.gov. These risks\nand uncertainties include, without limitation, the volatility of Bitcoin and\nother cryptocurrency prices, risks related to the use of Bitcoin as collateral\nfor the Arch Facility, including the requirement to post additional collateral\nif the value of Bitcoin declines, our ability to satisfy the terms and\nconditions of the Arch Facility or to extend such loans on satisfactory terms,\nour ability to successfully enter and operate in the high-performance\ncomputing and AI infrastructure business, the availability and cost of GPU and\nrelated infrastructure equipment, competition in the HPC and AI compute\nmarket, our ability to finance our site acquisitions and cryptocurrency mining\noperations, the risks of operating in the cryptocurrency mining business and\nour ability to grow that business, the capacity of our Bitcoin mining machines\nand our related ability to purchase power at reasonable prices, and our\nability to identify and acquire additional mining sites. The occurrence of any\nof these risks and uncertainties could have a material adverse effect on our\nbusiness, financial condition, and results of operations.\n\nInvestor and Media Contact\n\nKCSA Strategic Communications \nPhilip Carlson\npwcm@kcsa.com \n212-896-1233\n\n(1)Unaudited\n(2)Includes 307 BTC held for loan facility\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/68b7557d-5e1e-44a5-ba71-1cdae7b7e777)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-20T12:00:01.156099117Z","server_sent_at_ms":1787227201156},"received_at":"2026-08-20T12:00:01.208Z","source_url":"https://www.globenewswire.com/news-release/2026/08/20/3348290/0/en/powercompute-announces-july-2026-production-and-operational-update.html"},"analysis":{"id":"112832","press_release_id":"123856","analysis_json":{"industry":{"label":"Technology Hardware, Storage & Peripherals","sector":"Information Technology"},"redFlags":["Debt facility secured by Bitcoin collateral introduces liquidation risk if cryptocurrency prices decline significantly"],"eventType":"operations_update","narrative":"PowerCompute reported July production of 7.9 Bitcoin mined and 11.1 sold, ending the month with a treasury of 315.1 BTC valued at roughly $20.2 million based on month-end prices.\n\nManagement noted that seasonal heat caused curtailment at Oklahoma and Mississippi sites, but the downtime was monetized to generate $91,000 in energy sales revenue.\n\nSubsequent to month-end, the company refinanced approximately $18 million of debt with Arch Lending using Bitcoin as collateral, a move that allows it to service debt without selling treasury holdings.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Bitcoin-backed debt refinance protects treasury amid seasonal production dip."},"keyFigures":{"customDimensions":{"bitcoin_sold":11.1,"bitcoin_mined":7.9,"debt_refinanced":18000000,"bitcoin_treasury":315.1,"btc_price_aug_19":"$68,200","btc_price_july_31":"$64,000","curtailment_revenue":91000,"bitcoin_treasury_value":"$20.2 million"}},"quotedText":"That same curtailment generated approximately $91,000 of energy sales revenue during the month, and the ability to monetize our power when it is most valuable to the grid is precisely the flexibility that owning our infrastructure gives us.","namedEntities":{"people":[{"name":"Bruce M. Rodgers","role":"Chairman, Chief Executive Officer and President"},{"name":"Philip Carlson","role":"Investor and Media Contact"}],"products":[],"companies":[{"name":"PowerCompute, Inc.","ticker":"PWCM"},{"name":"Arch Lending","relationship":"lender"},{"name":"KCSA Strategic Communications","relationship":"PR firm"}],"dollarAmounts":[{"amount":"$20.2 million","context":"value of Bitcoin treasury as of July 31, 2026"},{"amount":"$91,000","context":"curtailment and energy sales revenue during July"},{"amount":"$18 million","context":"debt refinanced and consolidated into a single facility"},{"amount":"$21.5 million","context":"subsequent Bitcoin treasury value as of August 19, 2026"}]},"materialImpact":{"score":3,"reasoning":"Routine monthly production data is low impact, but the post-period announcement of a $18 million debt refinancing secured by Bitcoin collateral is a strategic positive that preserves the treasury balance sheet."},"tickerRelevance":{"others":[],"primary":"PWCM"},"globalImportance":10,"audienceRelevance":10,"eventTypeSecondary":["debt_offering"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"operational_update_with_financing","sectorWeight":"crypto_miner"}},"event_type":"operations_update","event_type_secondary":["debt_offering"],"sentiment":"bullish","material_impact_score":3,"narrative":"PowerCompute reported July production of 7.9 Bitcoin mined and 11.1 sold, ending the month with a treasury of 315.1 BTC valued at roughly $20.2 million based on month-end prices.\n\nManagement noted that seasonal heat caused curtailment at Oklahoma and Mississippi sites, but the downtime was monetized to generate $91,000 in energy sales revenue.\n\nSubsequent to month-end, the company refinanced approximately $18 million of debt with Arch Lending using Bitcoin as collateral, a move that allows it to service debt without selling treasury holdings.","key_figures":{"customDimensions":{"bitcoin_sold":11.1,"bitcoin_mined":7.9,"debt_refinanced":18000000,"bitcoin_treasury":315.1,"btc_price_aug_19":"$68,200","btc_price_july_31":"$64,000","curtailment_revenue":91000,"bitcoin_treasury_value":"$20.2 million"}},"named_entities":{"people":[{"name":"Bruce M. Rodgers","role":"Chairman, Chief Executive Officer and President"},{"name":"Philip Carlson","role":"Investor and Media Contact"}],"products":[],"companies":[{"name":"PowerCompute, Inc.","ticker":"PWCM"},{"name":"Arch Lending","relationship":"lender"},{"name":"KCSA Strategic Communications","relationship":"PR firm"}],"dollarAmounts":[{"amount":"$20.2 million","context":"value of Bitcoin treasury as of July 31, 2026"},{"amount":"$91,000","context":"curtailment and energy sales revenue during July"},{"amount":"$18 million","context":"debt refinanced and consolidated into a single facility"},{"amount":"$21.5 million","context":"subsequent Bitcoin treasury value as of August 19, 2026"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-20T12:48:04.888Z","global_importance":10,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"operational_update_with_financing","sectorWeight":"crypto_miner"}},"durationMs":230617,"modelName":"glm-4.7"}}