-- Alpha Compute, Inc. (NASDAQ: ALP), a leading provider of high-performance AI compute infrastructure, today announced the successful closing of its majority acquisition of GAMEE, the blockchain-based gaming and digital rewards platform.
The transaction is now completed following the satisfaction of all applicable regulatory requirements and closing conditions.
The closing of the GAMEE acquisition represents a significant milestone for Alpha Compute, bringing under its umbrella a proven global gaming platform with 120 million users, a robust portfolio of Web3 gaming titles, and a proprietary digital rewards engine. GAMEE has established itself as a critical bridge between mainstream mobile gaming and blockchain-native digital economies, and its integration into Alpha Compute's ecosystem is expected to meaningfully expand the Company's capabilities and addressable market at the intersection of AI, gaming, and decentralized infrastructure.
Transaction Terms
Under the terms of the definitive agreement, Alpha Compute has acquired a 60% controlling interest in GAMEE from Animoca Brands, at an implied GAMEE valuation of $18 million, for total consideration of up to $11 million structured as follows:
I. Closing Consideration: $3.5 million
- $1.5 million in cash;
- Approximately $2 million in Alpha Compute shares and pre-funded warrants;
- Alpha Compute to acquire $2 million of GMEE tokens on the open market within 90 days of closing.
II. Year 1 Earn-Out: Up to $3.5 million
- 1.0 million ALP shares (formerly ATON), valued at $1.50 per share, contingent upon GAMEE achieving annual EBITDA of $1.2 million;
- If EBITDA is greater than zero but less than $1.2M, the payout will be calculated on a pro-rata basis.
III. Year 2 Earn-Out: Up to $4.0 million
- Contingent upon GAMEE achieving annual EBITDA of $1.6 million, split between cash and ALP shares
As part of the transaction, Animoca Brands has signed a two-year standstill agreement that prohibits Animoca Brands from acquiring a controlling position in Alpha Compute. Additionally, digital assets from Animoca Brands' treasury — approximately 878 million $GMEE tokens (approximately $1,830,630 added to the Alpha Compute Balance Sheet, as of $GMEE yesterday closing price) and 20.5 billion WAT tokens (each representing 51% of Animoca's holdings) — have been transferred to GAMEE as part of the deal.
Q1 2026 Financial & Operational Highlights
GAMEE has entered Alpha Compute's portfolio with significant commercial momentum, posting an estimated $926,000 in revenue for the first quarter of 2026 — a 56% year-over-year increase compared to Q1 2025 ($593,000). The platform attracted over 5.57 million users and logged 88.5 million game plays in the quarter alone.
- Current Reach: 1.7M monthly active users (MAUs) and 150K daily active users (DAUs) across all platforms;
- Telegram Footprint: Continued expansion within the Telegram Mini App (TMA) ecosystem, serving over 61 million Telegram users from its 119 million total registered user base;
- Full-Year 2025 Revenue: Estimated $3.5 million, representing a three-year compound annual growth rate (CAGR) of 112%.
Azuki Collaboration Highlights In Q1 2026, GAMEE concluded a landmark brand collaboration with premier Web3 brand Azuki through the Alley Escape Telegram mini-app:
- 315,000 users and 27 million game plays;
- Reached the Top 200 Mini Apps on Telegram and achieved #1 Arcade Game on PlayToEarn;
- Drove a sold-out Azuki Sticker mint within 10 minutes of launch.
The Gold Fest Initiative — $2M Ecosystem Campaign In January 2026, GAMEE finalized an agreement with nGRND and Flashy to launch "Gold Fest," one of the largest gamified distributions of real-world assets within the Telegram ecosystem:
- A multi-phase campaign distributing $2 million in tokenized in-situ gold via Telegram;
- GAMEE secured $500,000 in development fees and a $500,000 marketing budget to execute the initiative;
- Phase II (launching Q2/Q3 2026) will introduce a pioneering agentic layer, enabling users to connect or rent AI agents to participate in a dedicated prize pool — accelerating mass adoption of AI agents in gaming.
ABOUT GAMEE
GAMEE is a mobile-first gaming platform focused on onboarding a mass gaming audience to Web3. It has over 120 million registered users and has served over 10 billion gameplay sessions across multiple ecosystems. GAMEE’s WATCoin airdrop collectively onboarded 4 million user wallets into the TON ecosystem. The company has partnered with over 40 major Web3 communities including Azuki, Mocaverse, Notcoin, The Sandbox, and Cool Cats. Learn more at www.gamee.com or get updates by following GAMEEToken on X.
ABOUT ANIMOCA BRANDS
Animoca Brands Corporation Limited (ACN: 122 921 813) is a global digital assets leader building and investing in impactful technologies and ecosystems to reimagine future economies through AI and the agentic web. It has received broad industry and market recognition including Fortune Crypto 40, Top 50 Blockchain Game Companies 2025, Financial Times’ High Growth Companies Asia-Pacific, and Deloitte Tech Fast. Animoca Brands is recognized for building digital asset platforms such as the Moca Network, Open Campus, Anichess, and The Sandbox, as well as institutional-grade platforms; providing digital asset services to help Web3 companies launch and grow; and investing in frontier Web3 technology, with a portfolio of over 600 companies and digital assets. For more information visit www.animocabrands.com or follow on X, YouTube, Instagram, LinkedIn, Facebook, and TikTok.
ABOUT ALPHA COMPUTE CORP.
Alpha Compute Corp. (Nasdaq: ALP) is a pioneering leader in AI GPU-as-a-service (GPUaaS) and AI Confidential Compute. Alpha Compute builds and operates businesses at the intersection of confidential computing, artificial intelligence, and decentralized AI. The Company’s GPU assets deliver privacy-preserving computation to partners and applications including Telegram, Animoca Brands, GAMEE, and Midnight Network. Alpha Compute is incorporated in the British Virgin Islands.
Visit https://www.alphacompute.ai/
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. All statements other than statements of historical fact, including those preceded by, followed by, or incorporating words such as "believes," "expects," "anticipates," "intends," "estimates," "plans," "may," "will," "potential," "continues," or similar expressions are forward-looking statements.
Forward-looking statements in this release include, without limitation: the expected timing and go-live dates for Alpha Compute's GPU cluster deployments; projected revenue from the Company's AI infrastructure buildout; anticipated benefits from the Company's confidential compute partnerships and infrastructure expansion; and the Company's broader business strategy and operational plans.
These statements involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied, including: the timing and progress of the Company's strategic initiatives; reliance on third-party vendors and partners; the ability to secure additional financing; uncertainty around the Company's investments and legacy business; risks related to technology platforms and ecosystems; and general market and economic conditions. A more complete discussion of these risks is set forth under "Item 3 - Key Information - Risk Factors" in the Company's Annual Report on Form 20-F for the year ended March 31, 2025, and in the Company's Forms 6-K filed with the Securities and Exchange Commission on September 3, 2025 and January 13, 2026.
Undue reliance should not be placed on these forward-looking statements. The forward-looking statements contained herein are made as of the date of this press release, and the Company undertakes no obligation to update or revise them publicly, except as required by law.
Investor & Media Contact
Alpha Compute Corp.
www.alphacompute.ai
Contact Info:
Name: Enzo Villani
Email: Send Email
Organization: Alpha Compute Corp
Website: https://www.alphacompute.ai/
Release ID: 89193203
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