According to CoinMeta, Wu said that as of June 30, 2026, the company held BTC worth approximately $37.802 million. The revenue for the second quarter was $25 million, and after adjustments, the EBITDA was negative $30 million. The company delivered the first batch of capacity for the Black Pearl data center two months ahead of schedule and began charging rent. At the same time, it obtained the development option for a Apollo data center project near San Antonio, Texas, with a maximum capacity of 900 MW. In addition, the company also completed a bond issuance to provide all the construction funds for the Stingray data center project.