Boost Run Leases 20 MW GPU Capacity from 10X Capital, Plans 111 MW Expansion
BRUN has more than doubled off its 52-week low of $10.25 on elevated volume (1.9× avg).
Summary
Boost Run finalized a long-term lease with 10X Capital's infrastructure platform for GPU compute capacity. The initial 20 MW at an existing, fully energized site is expected online in Q4 2026, with plans to scale to 111 MW across two more sites through 2027. This directly supports the company's $471.7M Thinking Machines Lab contract and $1.44B strategic purchasing agreement by adding deployable capacity faster than greenfield builds. The deal signals execution on contracted demand and provides visibility into recurring revenue as capacity comes online. Watch for Q4 2026 delivery confirmation and subsequent site announcements.
At the time of this announcement, BRUN was trading at $24.77 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.7B. The 52-week trading range was $10.25 to $42.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: BusinessWire.