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Harmonychain AS ( (DE:7EW) ) has shared an update.
PowerPool has announced the launch of a new turn-key hosting service in Northern Norway, utilizing immersion cooling technology and sustainable energy to offer competitive operating conditions. The service will initially be soft-launched with a pilot program, aiming for a 1 MW deployment in 2026. The company plans to reinvest profits to expand capacity, with initial revenues expected by the end of 2025. This initiative is seen as a milestone for PowerPool, aligning with their vision of synergy between group companies and positioning them for large-scale growth in the hosting market.
More about Harmonychain AS
Average Trading Volume: 6,039,286
Current Market Cap: NOK464.2M
See more insights into 7EW stock on TipRanks’ Stock Analysis page.