AlphaTON Capital (ATON) Stock Explodes After-Hours on Massive Nvidia Deal

TLDR

• AlphaTON Capital stock soared 186.8% after-hours to $2.61 following $46 million NVIDIA B300 chip acquisition announcement
• Company secured 576 chips through $4M cash, $32.7M non-recourse debt, and $9.3M equity installments
• Chips will deploy at Sweden’s hydroelectric-powered AtNorth data center with February delivery target
• Revenue expected to start March 2026 with projected 27% internal rate of return
• Deal replaces previous November 2025 plan to acquire 1,000+ NVIDIA B200 GPUs

AlphaTON Capital Corp posted a massive after-hours gain Monday. The stock closed at $0.91 in regular trading. After the bell, shares rocketed to $2.61, a 186.8% increase.

AlphaTON Capital Corp., ATON

The move came after AlphaTON announced a $46 million deal for 576 NVIDIA B300 chips. The purchase represents a major commitment for the micro-cap stock.

AlphaTON’s market cap stands at $7.86 million. The deal value is nearly six times larger than the company’s total valuation.

The financing structure includes three components. AlphaTON already paid $4 million from existing cash. Non-recourse debt covers $32.7 million. The remaining $9.3 million comes from equity installments due before delivery.

Deployment Plans and Financial Projections

The chips will arrive at AtNorth’s data center in Sweden. The facility operates entirely on hydroelectric power. Delivery is set for February with installation in March.

CUDO Compute and SNET Energy Ltd will handle managed services. Vertical Data and LEAP arranged the financing package.

AlphaTON forecasts a 27% internal rate of return. The company also projects $11 million in net present value. Revenue should begin flowing in March 2026.

The financing terms include a key benefit. No debt or interest payments are required until the chips are installed and generating revenue.

CEO Brittany Kaiser said the infrastructure will power a privacy-preserving AI network. The system connects to Telegram’s Cocoon AI ecosystem for confidential computing applications.

What Changed From Previous Plans

This deal replaces an earlier announcement from November 2025. AlphaTON had planned to buy over 1,000 NVIDIA B200 GPUs. The company shifted to the B300 chips instead.

The broader market shows strong appetite for AI infrastructure. Moody’s Ratings projects $3 trillion in data center investments over five years. AI and cloud computing are driving the spending wave.

Meta rolled out its “Meta Compute” program Monday. The initiative focuses on expanding AI infrastructure and supplier relationships.

Investors will track several key milestones now. February delivery needs to happen on schedule. Installation must proceed smoothly in March. Revenue generation starting on time will be crucial.

The outstanding equity payments matter too. AlphaTON must cover $9.3 million before the chips arrive. How the company handles these payments will indicate financial stability.

AlphaTON’s trading history shows volatility. The 52-week range runs from $0.56 to $15.82. The company maintains more cash than debt with a 2.02 current ratio.

The company outlined several risk factors. Crypto market fluctuations could affect operations. Regulatory challenges might emerge. Technical problems during deployment could cause delays. These issues hit harder for companies with limited resources.

The question Tuesday morning is whether the after-hours surge holds through premarket and opening bell. The B300 chips are scheduled to arrive at the Sweden data center in February with full deployment in March 2026.

The post AlphaTON Capital (ATON) Stock Explodes After-Hours on Massive Nvidia Deal appeared first on Blockonomi.