INVESTORS

The Infrastructure
Behind the Digital Economy.

ALPS is building the industrial infrastructure layer where energy advantage and global compute demand converge - backed by institutional capital and designed for long-term scalability.

Investment rationale

Investment rationale

Compute demand is growing faster than any other infrastructure category. Energy production is becoming increasingly distributed and geographically asymmetric. Capital markets are beginning to treat digital compute infrastructure like industrial real estate.

ALPS is built to operate at the convergence of these three structural forces - with a global footprint, disciplined execution and a design→build→operate model that controls the full value chain.

Investment rationale

Our Business Model

ALPS monetises installed capacity through compute workloads. Blockchain mining provides immediate, flexible monetisation with high operational uptime, while the underlying infrastructure - power agreements, site selection, operational expertise - is built on foundations that matter increasingly beyond blockchain alone. As AI and high-performance computing scale globally, the ability to access competitive, reliable energy at industrial scale is becoming the defining constraint. ALPS is positioned where that constraint is solved.

Every site is selected where energy is available but underutilised - which is why ALPS creates value not only for its own operations, but for the territories, infrastructure and systems it integrates with. The model is designed to last beyond any single workload or market cycle.

Investment rationale

Strategy & Roadmap

We are on track to reach 242 MW of deployed power by the end of 2026, starting from 125 MW in early 2025—an increase of nearly 100%. Over the same period, hashrate is expected to grow from 7 EH/s to 15 EH/s, reflecting a proportional scale-up in operational capacity.

Sites are deployable in 6–12 months using modular setups. The same infrastructure that runs blockchain workloads today can pivot to AI/HPC tomorrow—in the same footprint, with limited incremental capex.

Circular Economy

Built to create long-term value

ALPS builds industrial infrastructure where energy and compute demand are not yet fully aligned, turning underutilised resources into productive compute capacity and generating value that extends beyond our own operations.

Every site is developed with local teams, partners and suppliers. The infrastructure we deploy and the capabilities we build remain part of the territories we operate in, creating long-term industrial value alongside the economic one.

FAQ

Are you a crypto company?

No. ALPS is an energy & compute infrastructure company. Blockchain mining is one of the compute workloads we operate - not our identity. The platform is engineered to remain relevant as workload demand evolves toward HPC and AI.

How do you manage energy risk?

Through site selection, long-term power agreements, operational flexibility and geographic diversification. We only commit to sites where energy is competitively priced and contractually secured with a best-in-class average electricity cost across the portfolio.

Are you exposed to technology obsolescence?

ALPS invests in modular, flexible infrastructure designed to adapt. Hardware generations are managed through our strategic partnership with Bitmain. The underlying infrastructure - power, cooling, network - is built to support next-generation compute workloads without reengineering the facility.

How do you operate at scale without losing efficiency?

Through AlpsCore, our proprietary operations platform, which provides real-time monitoring, automated alerting and financial analytics across all sites. Combined with standardized deployment processes, this allows us to maintain uptime and consistent performance at scale.

ALPS is an energy & compute infrastructure company. We develop and manage industrial-scale facilities that transform structural energy advantage into scalable computational capacity.

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Alps is a global infrastructure company that designs, builds, and operates next-generation data centers.

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ALPS BLOCKCHAIN SPA

Head Office: Vicolo del Liceo, 1 - 38122 Trento (TN), Italy
Head Quarters: Via del Brennero, 111 - 38121 Trento (TN), Italy
VAT No. - Tax Code: 02515120224 | Business Register TN 230317
Share Capital: €1,404,466.66
PEC: info@pec.alpsblockchain.com