PowerCompute replaces Mississippi power contract, raising contracted capacity to 11 megawatts
PowerCompute's subsidiary US Digital Mining Mississippi LLC entered into a new Industrial Power Contract with Columbus Light and Water on September 30, 2026, replacing its prior power contract for the Columbus, Mississippi data center. The company says contracted power at the site rose from 8.5 megawatts to 11 megawatts and that it was not assessed a Tennessee Valley Authority capacity commitment charge, which applies to new or expanded data center load above the first five megawatts. The filing includes no revenue, earnings or cost figures, so the financial effect rests on management's statements in the press release.
Key points
- Contract entered into September 30, 2026; the press release says it took effect October 1, 2026, while the exhibit lists an effective date of September 16, 2026
- Contracted demand at the Columbus site rose from 8.5 megawatts to 11 megawatts; the initial term runs to September 16, 2030, with a five-year renewal if both parties agree
- Columbus Light and Water is returning a $300,000 deposit, which PowerCompute is replacing with a utility bond
- Management says the site was not assessed a TVA capacity commitment charge of approximately $1.5 million per megawatt above the first five megawatts
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.