Alpha Compute Reports $79.2M Assets, $23M Annual Revenue, Completes GAMEE Acquisition
ALP sits 44% above its 52-week low of $0.176 on light trading volume (0.3× avg).
Summary
Alpha Compute Corp. reported a comprehensive business update, highlighting $79.2 million in assets and a projected $23 million in annual revenue, alongside the completion of its GAMEE acquisition and the operational launch of its first GPU cluster.
Key Events · Earnings and Guidance · ALP
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Strong Financial Position Reported
The company reported unaudited figures as of June 4, 2026, including $79.2 million in total assets, $44.4 million in total liabilities, and $34.8 million in total equity. These figures are substantially higher than the company's current market valuation.
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Significant Revenue Growth and Projections
Alpha Compute projects an annualized revenue run-rate of approximately $23 million, a sharp increase from $30,000 in Q1 2026. This follows the May 2026 closing of a $32.2 million, two-year off-take agreement with a leading AI research laboratory, contributing $16.1 million in Annual Recurring Revenue.
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GAMEE Acquisition Completed
The acquisition of a 60% controlling interest in GAMEE, a mobile and Telegram-based gaming platform, has been finalized. GAMEE brings over 120 million registered users and generated $3.5 million in revenue in 2025, with 2026 revenues expected to exceed that level. This establishes the new 'Alpha Games' division.
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GPU Infrastructure Operational and Expanding
The ALPHA-01 enterprise-scale Blackwell cluster in Canada, consisting of 504 NVIDIA B200 GPUs, is now live and serving its first enterprise customer. A second cluster, ALPHA-02 in Sweden, is in progress and will add 576 NVIDIA B200 GPUs, bringing the total to over 1,000 Blackwell-generation GPUs.
Analysis · ALP · Crypto Assets
This filing provides a comprehensive business update revealing a significant disconnect between Alpha Compute's reported financial position and its current market valuation. The company reports $79.2 million in assets and projects $23 million in annual revenue, figures that are substantially higher than its current market capitalization. This update also confirms the completion of the GAMEE acquisition, adding 120 million users and a new revenue stream, alongside the successful deployment of its first large-scale GPU cluster. These developments suggest a fundamental shift in the company's operational scale and financial health.
How filings like this one have moved
In the 30 days to Oct 25, 2026, 45.9% of the 259 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.67%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ALP was trading at $0.25 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $5.9M. The 52-week trading range was $0.18 to $13.80. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.