Business Wire·Aug 4, 2026, 7:30 AM ET

Fortitude Completes Acquisition of 12.5 MW Prosser, Nebraska Facility

Fortitude Mining Holdings completed the acquisition of a 12.5 MW digital infrastructure facility in Prosser, Nebraska.
The transaction involved purchasing the underlying real property for $6.25 million, funded entirely with cash on the balance sheet.
Net new cash required to close was approximately $4.7 million, offset by a $985,000 hosting deposit credit & the sale of $465,500 worth of T21 miners.
The facility features low, stabilized power costs estimated at $0.045 / kWh & includes full ownership of land, a building, & a 67 kV substation.
The acquisition brings Fortitude's total owned power portfolio to over 60 MW across seven sites in South Dakota, Nebraska, Texas, & New York.
Prosser is Fortitude's third Nebraska site, supporting a geographic hub strategy alongside Grand Island & Aurora to enhance operational efficiency.
The deal advances Fortitude's vertically-integrated strategy & its proposed business combination with HeartSciences (NASDAQ: HSCS) to reach public markets.
The site is located within the Southwest Power Pool, allowing participation in market pricing & demand response programs.