Jun. 9 at 3:01 PM
$TONX
If you’re looking for penny stocks, take a look at Alpha Compute (ALP) next.
Around a 6 million market cap, AI infrastructure company focused on GPUaaS and confidential computing, operating NVIDIA Blackwell GPU clusters. Recently acquired a 60% controlling stake in GAMEE from Animoca Brands.
The company’s infrastructure powers Telegram’s Cocoon AI confidential compute network.
Multi-year contract of 32,2 million signed, with upfront payment of 7,5million.
When all data centers that will be completed by September are up and running, projected annual revenue will be 72million/year.
ALP trades at 0.41 NTM sales versus the peer average of 11.85x, despite early contracted AI compute revenue visibility (https://finance.yahoo.com/sectors/technology/articles/alpha-compute-21-million-ntm-154912417.html).
Heavily shorted at the moment. Only 11,93 million free float.
DD
