AlphaTON Capital Corp. Common Stock
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $5.4M
- Price
- $0.2311
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.48%
- Volume
- 2.5M
Quote data as of 6:08 AM ET
About
Alpha Compute Corp. is a technology company scaling the Telegram super app, a strategic reserve of digital assets. The firm implements a comprehensive M&A and treasury strategy that combines direct digital assets acquisition, validator operations, and strategic ecosystem investments to generate sustainable returns for shareholders. The company was founded by Gregory H. Bailey and James Mellon in 1973 and is headquartered in Road Town, British Virgin Islands.
Quick stats
Shares outstanding23.5M
Computed float22.7M
Float sourceUnknown
Cash runway (months)Unknown
Dilution risk—
Has warrants—
Has convertibles—
Active shelf (Shelf registration (e.g. Form S-3) currently in effect — the company is pre-cleared to issue and sell new shares quickly. A standing dilution risk.)—
Active ATM (At-the-market offering — a program to sell newly issued shares directly into the open market at prevailing prices, diluting existing holders over time.)—
Key info
SectorHealthcare
IndustryBiotechnology
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001095435
AI Summary
AI-generated1mo agomajorbullishoperations updateAlpha Compute Corp. (NASDAQ: ALP): $79.2M in Assets, $23M Projected Annual Revenue, GAMEE Acquisition Complete, and “Own Your Data” Campaign Launches Nationally
Alpha Compute reports a dramatic shift to operating scale, citing a projected annual revenue run-rate of $23 million, up from roughly $120,000 annualized at the start of Q1 2026.
This growth is anchored by a $32.2 million, two-year off-take agreement with a leading frontier AI research lab for exclusive access to its 504-GPU ALPHA-01 cluster in Canada, which went live in May 2026.
The company also completed its majority acquisition of GAMEE, a Telegram-native gaming platform with 120 million users, for an implied valuation of $18 million, establishing a new AI gaming division.
Balance sheet figures show $79.2 million in total assets and $34.8 million in equity, reflecting the cumulative impact of GPU deployments and capital formation activities.
Red flags
- High leverage: Total liabilities ($44.4M) exceed Total equity ($34.8M), with significant lease obligations.
- Revenue concentration: The entire $23M run-rate projection relies heavily on a single new off-take agreement and a newly acquired gaming subsidiary.
- Forward-looking risk: The ALPHA-02 cluster in Sweden is 'in progress' and not yet live, meaning the second half of the GPU fleet is not yet revenue-generating.