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Arsenal Digital Holdings, Inc. (OTC: ADHI) is a leading entity in the critical power and digital infrastructure sector, headquartered in Houston, Texas, with key offices in Atlanta, Georgia. The company focuses on acquiring and developing underutilized digital infrastructure assets and implementing hybrid power solutions to enhance power capacity and carrier connectivity.
In a significant move, Arsenal recently secured an agreement to acquire a major datacenter campus in the United States through its investment affiliate. This 50-acre operational campus includes a four-story office building, a two-story subterranean datacenter, and an additional 100,000 square feet facility ready to receive approximately 15 Megawatts of power capacity. Future phases aim to develop incremental power on 30 contiguous acres using clean energy technologies.
Driven by a commitment to sustainable energy, Arsenal partnered with Last Mile Energy to form Convergence Infrastructure Partners, a digital infrastructure-focused investment platform. This partnership aims to acquire and develop assets with expansive power capacity and carrier connectivity.
Arsenal's acquisition of Blackrock Midstream, a prominent natural gas and liquids infrastructure company, marks another milestone. Blackrock generated $94 million in revenue in 2022, a figure expected to remain consistent in 2023. This acquisition brings a substantial customer base and valuable resources, positioning Arsenal for greater success in the competitive energy sector. Randall Eddington, Founder of Blackrock, will join Arsenal's Board of Directors, bringing immense expertise to drive the company’s growth.
Arsenal is actively expanding its market reach by constructing new processing plants and enhancing service offerings. The company’s second-quarter results for 2023 reported $19 million in revenue, aligning well with projections. Arsenal aims to maintain this positive trend throughout the year.
Looking forward, Arsenal plans to build a processing plant in South Texas, which will enhance service capabilities, reduce logistical expenses, and capitalize on increased exploration activities in the Eagle Ford and Permian basins. This expansion is expected to significantly bolster the company’s financial performance.
Arsenal Digital Holdings continues to lead in the transition towards sustainable energy by developing and implementing innovative renewable technologies. For more information, visit www.arsenalholdings.io.
Arsenal Digital Holdings, Inc. (OTC PINK:ADHI) has announced new appointments to its executive team and board of advisors to enhance corporate governance and management. Brian Halle joins the advisory board with over 30 years of banking and finance experience, while Dr. Jagannadh Satyavolu, an expert in biogas and biofuels, also joins. Randall Eddington, founder and CEO of Blackrock Midstream, has been appointed as COO. Following the recent acquisition of Blackrock Midstream, which generated over $90 million in revenue for 2022, Arsenal aims to leverage its resources as part of its strategy in renewable energy. The company is committed to developing innovative renewable technologies to support a sustainable energy future.
HOUSTON, TX / ACCESSWIRE / March 29, 2023 / Arsenal Digital Holdings (OTC PINK:ADHI) has successfully acquired Blackrock Midstream, a significant player in natural gas and liquids infrastructure. This strategic acquisition is expected to enhance Arsenal's resources, leveraging Blackrock's customer base and $94 million revenue from 2022, potentially leading to increased profitability. Randall Eddington, Blackrock's founder, will join Arsenal's Board of Directors, bringing his expertise to bolster the company's growth. Arsenal aims to lead in sustainable energy solutions with this acquisition, positioning itself favorably in the competitive energy sector.
Arsenal Digital Holdings (OTC: ADHI) has announced a strategic acquisition of a prominent datacenter campus in the U.S., in collaboration with Last Mile Energy. This 50-acre facility includes a four-story office building and a two-story datacenter, ready to support 15 Megawatts of power. The acquisition aligns with Arsenal's focus on hybrid power solutions and clean energy initiatives. Additionally, the company has completed a share consolidation and capital raise to bolster working capital. CEO Ryan Messer emphasized the potential for significant value creation from this foundational asset.
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