PowerCompute Announces July 2026 Production and Operational Update

PowerCompute (NASDAQ: PWCM) reported preliminary July 2026 Bitcoin production of 7.9 BTC, down from 8.7 BTC in June 2026 and up from 5.9 BTC in July 2025.

Rhea-AI Summary

PowerCompute (NASDAQ: PWCM) reported preliminary July 2026 Bitcoin production of 7.9 BTC, down from 8.7 BTC in June 2026 and up from 5.9 BTC in July 2025. The company sold 11.1 BTC in July and ended the month with 315.1 BTC in treasury holdings, valued at approximately $20.2 million based on a July 31 Bitcoin price of about $64,000.

According to PowerCompute, heat-related curtailment at its Oklahoma and Mississippi sites generated about $91,000 in curtailment and energy sales revenue in July. As of August 19, 2026, the estimated value of the company’s Bitcoin holdings had risen to roughly $21.5 million. In August, PowerCompute refinanced and consolidated approximately $18 million of debt into a single facility with Arch Lending, secured by Bitcoin from its treasury.

Positive

• Bitcoin mined 7.9 BTC in July 2026 vs. 5.9 BTC in July 2025
• Bitcoin treasury 315.1 BTC at July 31, 2026, vs. 150.4 BTC in July 2025
• Bitcoin holdings value $21.5 million as of August 19, 2026, up from $20.2 million on July 31, 2026
• $91,000 curtailment and energy sales revenue generated in July 2026
• Approximately $18 million of debt refinanced into a single facility with Arch Lending

Negative

• Bitcoin mined 7.9 BTC in July 2026 vs. 8.7 BTC in June 2026 due to heat-related curtailment
• Bitcoin HODL 315.1 BTC at July 31, 2026, slightly below 318.3 BTC at June 30, 2026
• Approximately $18 million of debt remains outstanding, now secured by Bitcoin from the company’s treasury

News Explained

In August, PowerCompute refinanced and consolidated approximately $18 million of debt into one Arch Lending facility secured by treasury Bitcoin, making the disclosed structure collateral-backed rather than a sale of holdings to service that debt.

Argus Aug 20 session 71 alerts

-18.79% close to close 634.7x rel. volume Open Argus

Details

Market move: PWCM -18.79% in the Aug 20 session. July 2026 production update

+16.3% Peak Tracked

-30.3% Trough Tracked

$3.71M Market Cap

On Aug 20, the day this news came out, PWCM closed 18.79% below the previous close. Argus tracked a peak move of +16.3% during that session. Argus tracked a trough of -30.3% from its starting point during tracking. Our momentum scanner recorded 71 alerts for this stock that day. Relative volume reached 634.7x the daily average during tracking.

Data tracked by StockTitan Argus for the Aug 20 session.

Key Figures

Bitcoin treasury: 315.1 BTC Energy sales revenue: $91,000 Bitcoin mined: 7.9 BTC +5 more

Bitcoin treasury

315.1 BTC

July 31, 2026

Energy sales revenue

$91,000

July 2026

Bitcoin mined

7.9 BTC

July 2026

Bitcoin sold

11.1 BTC

July 2026

Treasury value

$20.2 million

315.1 BTC holdings on July 31, 2026

Bitcoin price

$64,000

July 31, 2026

Subsequent treasury value

$21.5 million

August 19, 2026

Debt refinanced

$18 million

August 2026 Arch Lending facility

Historical Context

4 past events · Latest: Aug 14

4 events

1. Aug 14

   Q2 earnings report

   24h Move

   -17.1%

   Quarterly loss and margin decline accompanied the earnings release.

2. Aug 07

   Earnings call scheduling

   24h Move

   -5.1%

   Company scheduled its Q2 earnings call and results publication.

3. Aug 05

   Debt refinancing

   24h Move

   -6.1%

   Company refinanced approximately $18 million through an Arch Lending facility.

4. Jul 29

   Nasdaq compliance

   24h Move

   -8.7%

   Nasdaq confirmed compliance with the minimum bid price requirement.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

curtailment, hodl, non-recourse, high-performance computing

4 terms

curtailment technical

"seasonal heat-related curtailment at our Oklahoma and Mississippi sites"

Curtailment is when a company or operation is forced to reduce or temporarily stop an expected activity—such as production, deliveries, services, or benefit payments—often because of limits like regulations, supply shortages, grid constraints, or cost controls. For investors it matters because curtailment usually lowers revenue, delays cash flow, and signals added operational or regulatory risk; think of it like turning down a faucet that was expected to supply steady cash, reducing the flow into the business.

hodl financial

"Bitcoin HODL | 150.4 | 318.3 | 315.1"

"Hodl" is a term used by investors to describe holding onto their investments, especially during times of market ups and downs, instead of selling. It comes from a misspelling of "hold" that became popular online and encourages people to stay committed to their assets despite short-term fluctuations. For investors, "hodl" emphasizes patience and confidence in the long-term value of their holdings.

non-recourse financial

"approximately $18 million of debt into a single facility with Arch Lending secured"

A non-recourse loan is a type of debt where the lender’s recovery is limited to a specific asset pledged as collateral, and the borrower cannot be personally pursued for any remaining balance if the asset’s value falls short. For investors, non-recourse financing shifts downside risk onto the lender and protects a borrower’s other assets, which can affect a company’s risk profile, borrowing costs, and potential returns — much like insurance that covers only the item left as collateral.

high-performance computing technical

"expanding into high-performance computing (“HPC”) and artificial intelligence"

A cluster of very powerful computers, special chips and fast networks designed to tackle huge, complex calculations far faster than a normal PC — like replacing a single delivery van with a synchronized fleet to move a city’s worth of packages. For investors, high-performance computing matters because it enables faster product development, more accurate simulations and data analysis, and new revenue streams for hardware, software and services, making firms that supply or use it potentially more competitive and scalable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Bitcoin treasury as of July 31, 2026 was 315.1 BTC valued at $20.2 million

Captured $91,000 in curtailment and energy sales revenue during the month

TAMPA, Fla., Aug. 20, 2026 (GLOBE NEWSWIRE) -- PowerCompute, Inc. (NASDAQ: PWCM) (“PowerCompute” or the “Company”), a Bitcoin treasury and mining company expanding into high-performance computing (“HPC”) and artificial intelligence (“AI”) infrastructure, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended July 31, 2026.

Metric	July 2025	June 2026	July 2026
- Bitcoin1
- Mined, net	5.9	8.7	7.9
- Sold	11.0	13.1	11.1
- Purchased	-	-	-
- Service Fee	-	-	-
- Bitcoin HODL	150.4	318.3	315.12

"July production of 7.9 Bitcoin reflected seasonal heat-related curtailment at our Oklahoma and Mississippi sites, which is typical for this time of year," said Bruce M. Rodgers, Chairman, Chief Executive Officer and President of PowerCompute. "That same curtailment generated approximately $91,000 of energy sales revenue during the month, and the ability to monetize our power when it is most valuable to the grid is precisely the flexibility that owning our infrastructure gives us.

Rodgers concluded, "We reduced Bitcoin sales month over month while maintaining treasury holdings above 315 Bitcoin. Our focus now is on converting owned, low-cost, energized power into higher-value compute, and we look forward to updating shareholders as that work progresses."

The Company estimates that the value of its 315.1 Bitcoin holdings on July 31, 2026, was approximately $20.2 million, based on a Bitcoin price of approximately $64,000 as of July 31, 2026. This total Bitcoin value has subsequently increased as of August 19, 2026, to approximately $21.5 million based on Bitcoin price of $68,200 as of that date.

The Company periodically sells Bitcoin from its treasury to fund operations and strategic initiatives. Proceeds from Bitcoin sales are reported as cash flows from investing activities in the Company's consolidated financial statements. Subsequent to the end of the month, in August, the Company refinanced and consolidated approximately $18 million of debt into a single facility with Arch Lending secured by Bitcoin from its treasury, which allows the Company to use its Bitcoin as collateral rather than sell holdings to service that debt.

About PowerCompute

PowerCompute, Inc. (Nasdaq: PWCM) is a Bitcoin treasury and mining company expanding into high-performance computing and artificial intelligence infrastructure. Founded in 2008 and headquartered in Tampa, Florida, the Company operates 26 megawatts of wholly-owned power infrastructure across facilities in Oklahoma and Mississippi. The Company also operates a technology-enabled specialty finance business providing funding to nonprofit community associations primarily in the State of Florida. For more information, please visit https://www.power-compute.com.

Forward-Looking Statements

This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company’s most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include, without limitation, the volatility of Bitcoin and other cryptocurrency prices, risks related to the use of Bitcoin as collateral for the Arch Facility, including the requirement to post additional collateral if the value of Bitcoin declines, our ability to satisfy the terms and conditions of the Arch Facility or to extend such loans on satisfactory terms, our ability to successfully enter and operate in the high-performance computing and AI infrastructure business, the availability and cost of GPU and related infrastructure equipment, competition in the HPC and AI compute market, our ability to finance our site acquisitions and cryptocurrency mining operations, the risks of operating in the cryptocurrency mining business and our ability to grow that business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, and our ability to identify and acquire additional mining sites. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.

Investor and Media Contact

KCSA Strategic Communications
Philip Carlson
pwcm@kcsa.com
212-896-1233

¹Unaudited
²Includes 307 BTC held for loan facility

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much Bitcoin did PowerCompute (PWCM) mine in July 2026?

PowerCompute mined 7.9 Bitcoin in July 2026. According to PowerCompute, this compares with 8.7 Bitcoin in June 2026 and 5.9 Bitcoin in July 2025, reflecting seasonal heat-related curtailment at its Oklahoma and Mississippi sites.

What is PowerCompute’s Bitcoin treasury and its value as of July 31, 2026?

PowerCompute held 315.1 BTC as of July 31, 2026. According to PowerCompute, this treasury was valued at approximately $20.2 million, based on a Bitcoin price of about $64,000 per coin on that date.

How did the value of PowerCompute (PWCM) Bitcoin holdings change by August 19, 2026?

By August 19, 2026, the estimated value of PowerCompute’s Bitcoin holdings rose to about $21.5 million. According to PowerCompute, this reflects a higher Bitcoin price of roughly $68,200 per coin, with holdings of 315.1 BTC unchanged from July 31.

How much Bitcoin did PowerCompute (PWCM) sell in July 2026 and why?

PowerCompute sold 11.1 BTC in July 2026. According to PowerCompute, the company periodically sells Bitcoin from its treasury to fund operations and strategic initiatives, with proceeds reported as cash flows from investing activities in its consolidated financial statements.

What curtailment and energy sales revenue did PowerCompute generate in July 2026?

PowerCompute captured approximately $91,000 in curtailment and energy sales revenue during July 2026. According to PowerCompute, seasonal heat-related curtailment at its Oklahoma and Mississippi sites enabled monetization of power when it was most valuable to the grid.

What are the details of PowerCompute’s $18 million debt refinancing with Arch Lending?

In August 2026, PowerCompute refinanced and consolidated about $18 million of debt into a single facility with Arch Lending. According to PowerCompute, the facility is secured by Bitcoin from its treasury, allowing use of Bitcoin as collateral instead of selling holdings.

How did PowerCompute’s Bitcoin HODL balance change between June and July 2026?

PowerCompute’s Bitcoin HODL balance was 315.1 BTC at July 31, 2026, slightly below 318.3 BTC at June 30, 2026. According to PowerCompute, the company also maintained holdings well above 315 Bitcoin while reducing Bitcoin sales month over month.