PowerCompute Revenue Up 9.8% YoY as Company Expands into AI Infrastructure

PowerCompute's (PWCM) second quarter earnings call revealed a mixed bag of news for the company. On one hand, revenue jumped by 9.8% year-over-year to $2.1 million, driven by an increase in active miners and a decrease in difficulty rate. However, this growth was offset by a net loss of $4.6 million, compared to a net income of $100,000 in the prior-year period.

The company's core EBITDA loss widened to $2.8 million from a core EBITDA income of $2.6 million in the second quarter of 2025. Bitcoin mined increased to 27.9 Bitcoins from 18.4 in the prior-year period, while Bitcoin treasury rose to 318 Bitcoins valued at approximately $18.6 million as of June 30, 2026.

PowerCompute's chairman and CEO, Bruce Rodgers, highlighted the company's efforts to expand its business into hosting artificial intelligence (AI) infrastructure and high-performance computing (HPC). The company has consolidated $18 million in debt into a single Bitcoin-backed facility with Arch Lending, reducing its blended interest rate from 13% to 2% APR.

Rodgers stated that the defining constraint in AI infrastructure has shifted from space to power availability, which PowerCompute intends to address using its existing energized sites. The company is currently running a proof-of-concept deployment with its first GPU and marketing available capacity for colocation services.