FingerMotion (NASDAQ: FNGR) announced that it has initiated discussions with prospective offtake clients for capacity at Brooks Campus #1, a 9.9-megawatt behind-the-meter power and compute site in Alberta, Canada. The move signals the company's intent to secure long-term capacity contracts before committing construction capital, a strategy that could reduce financial risk and align development with demand. Through its relationship with BlueFlare Energy Solutions Inc., FingerMotion is offering two potential commercial structures: powered land, under which clients provide their own modular data halls, and colocation, under which BlueFlare develops data-hall capacity with power, cooling and supporting infrastructure. Under both arrangements, clients would supply and own their computing equipment.
Powered land capacity is expected to become available in early 2027, although no definitive offtake agreements have been announced. Brooks Campus #1 is the first site in FingerMotion's planned 99-megawatt Alberta program, comprising 10 sites across the Brooks, Coronation, Fox Creek and Vulcan areas. The company continues to advance permitting and solicit expressions of interest, with a strategy of securing long-term capacity contracts before committing construction capital to individual sites. The campus is designed to operate adjacent to existing natural gas infrastructure, potentially avoiding the need for a new grid interconnection.
The significance of this announcement lies in its potential to validate FingerMotion's expansion beyond its core mobile payment and recharge platform business in China. While the company's primary operations focus on mobile payment and recharge platform solutions in China, this foray into power and compute infrastructure in Alberta represents a diversification that could open new revenue streams and leverage its existing technological expertise. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.
For investors, the initiation of offtake discussions is a critical milestone because it demonstrates tangible progress in a capital-intensive endeavor. Securing offtake agreements would provide revenue visibility and could help finance the buildout without excessive dilution or debt. Moreover, the behind-the-meter design adjacent to natural gas infrastructure may offer cost advantages and faster deployment compared to grid-connected alternatives, especially in a province like Alberta where energy costs are relatively low. However, the absence of definitive agreements means execution risk remains; the company must convert interest into binding contracts, navigate permitting, and manage construction timelines. The outcome of these discussions will be closely watched as a bellwether for FingerMotion's ability to execute on its 99 MW vision and for the broader trend of tech companies integrating power and compute infrastructure.
To view the full press release, visit https://ibn.fm/pzBPv. The latest news and updates relating to FNGR are available in the company's newsroom at https://ibn.fm/FNGR. This news is distributed by ChineseWire, a specialized communications platform with a focus on promising China-based companies that are listed in North America. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries.
