Vulcan Infrastructure and Power (VIP)
Grid power and energized-site developer pivoting from bitcoin infrastructure toward AI/HPC.
Something off on this page? Send us feedback.
Generates grid power and capacity from a New York gas plant while operating behind-the-meter compute infrastructure. Its model is shifting from bitcoin mining and hosting toward developing, operating, selling or leasing energized AI/HPC sites, with grid dispatch economics and air permitting central to the New York asset.
Runs a grid-connected natural-gas power plant and behind-the-meter data-center infrastructure in New York. Revenue in the last reported financial period came from power and capacity sales, cryptocurrency self-mining and datacenter hosting; computing loads can be curtailed and output redirected to the grid when power-market economics are stronger.
Is recasting those assets from historical bitcoin-mining data-center operations toward powered-site development for AI and high-performance computing. Its intended model includes acquiring, developing, operating, selling or leasing energized sites, with potential site-development and EPC-management services, rather than an established colocation product.
Operates entirely in the United States, with owned assets in New York and Mississippi and leased mining capacity in North Dakota. The New York facility depends on a final state air permit.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $3.2M · Total debt $39.6M · Total assets $39.3M · Shareholders' equity −$57.5M
- Revenue
- $3.4M
- Operating income
- −$9.8M
- Net income
- −$9.9M
No dividends on record.
No ownership filings on record for this listing.
- Fermi
Private-grid campuses target the same powered AI/HPC developments.
- Constellation Energy
Large New York generation fleet competes in the NYISO power market.
- Keel Infrastructure
Energy-backed data-center pipeline targets the same AI/HPC customers.
- MARA
Energy-controlled AI/HPC campuses rival the powered-site conversion strategy.
- Bitdeer
Operating AI cloud and mining fleet rival the transition to powered compute.
- New Era Energy & Digital
Modular powered campuses compete for AI/HPC development demand.
- HIVE
Bitcoin and GPU-HPC infrastructure overlaps the residual compute business.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Vulcan Infrastructure and Power | $1.80 | −1.64% | $25.6M | 25.9 | — | 0.5 | −73.8% |
| Fermi | $4.78 | −0.10% | $3.04B | — | — | — | — |
| Constellation Energy | $289.32 | −0.27% | $104.15B | 28.2 | 23.4 | 3.3 | +23.0% |
| Keel Infrastructure | $3.13 | +0.16% | $1.88B | — | — | 12.4 | −60.9% |
| MARA | $10.42 | −0.43% | $3.99B | — | — | 5.0 | −26.7% |
| Bitdeer | $10.70 | −0.47% | $2.51B | — | — | 3.1 | +47.1% |
| New Era Energy & Digital | $5.03 | −2.39% | $294.4M | — | — | 247.7 | −82.6% |
| HIVE | $2.73 | +0.55% | $744.3M | — | — | 2.3 | +73.5% |
| Median | 28.2 | 23.4 | 4.1 | −1.8% |