Big Digital Energy Signs $546M AI Infrastructure Deal with Tensor IQ in Texas
BGDE has more than doubled off its 52-week low of $1.695 on light trading volume (0.3× avg).
Summary
Big Digital Energy signed a letter of intent with Tensor IQ to develop an AI infrastructure campus in Hood County, Texas. The deal reserves 17 MW of power capacity and plans an initial deployment of 7,748 NVIDIA B300 GPUs, with the site expected to be in service by Q2 2027. The arrangement is projected to generate $546 million in revenue over 15 years. This follows a July partnership with 10NetZero for a power-ready site in the same county, indicating accelerating momentum in the company's pivot to AI data center infrastructure. The specific GPU and revenue figures provide concrete scale to the strategy, which is critical given the company's recent financial distress and going concern warning. The deal's size relative to the company's $31 million market cap makes it highly material if executed.
At the time of this announcement, BGDE was trading at $6.37 on NASDAQ in the Technology sector, with a market capitalization of approximately $31.1M. The 52-week trading range was $1.70 to $40.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.