Datacentrex Reports Positive Q3 Results and Invests $30 Million in Eagle LNG
News related to:Datacentrex, Inc · 2 min read
Datacentrex, Inc., a diversified technology-driven enterprise operating a digital asset mining business and investing in energy and space-launch infrastructure, reported positive third-quarter Adjusted EBITDA of $1.3 million, compared with a loss of $1.3 million in the second quarter. The company also announced a significant $30 million investment in Eagle LNG, an operating energy business with established infrastructure and customers under long-term supply agreements.
Datacentrex's third-quarter financial results showed an improvement in Adjusted EBITDA, which included $2.2 million of net realized and unrealized gains on digital assets. The company maintained substantial liquidity, ending the quarter with approximately $29.3 million in cash and digital assets, including $27.5 million in cash, and no outstanding debt. This financial position provides Datacentrex with flexibility to support its mining operations and pursue opportunities that can create long-term stockholder value.
Parker Scott, Chief Executive Officer of Datacentrex, highlighted the strategic rationale behind the investment in Eagle LNG.
Eagle LNG, the company Datacentrex invested in, has produced more than 300 million gallons of LNG since 2018 and completed more than 750 marine bunkering operations without incident. The supply agreements include terms of 10 years or longer and take-or-pay provisions, with certain customers renewing early and increasing contracted volumes. Eagle's integrated infrastructure supports customers requiring reliable fuel supply and specialized logistics, helping it retain customers and compete for additional business.
Scott also mentioned the company's ongoing expansion of its digital asset mining operations.
In addition to the investment, Datacentrex began energizing a prepaid mining fleet expansion after the quarter-end, targeting an approximately 21% increase in online Scrypt hashrate upon full deployment. As of September 30, 2026, the company operated 3,085 Scrypt ASIC miners across four U.S. colocation facilities, with approximately 43.2 TH/s of aggregate nameplate hashrate at full uptime and approximately 12.2 MW of deployed power capacity.
The company's third-quarter financial highlights also included a decrease in revenue to approximately $1.7 million, compared with approximately $2.4 million in the third quarter of 2025, a decrease of approximately 29%. Gross profit was approximately $80,000, representing a gross margin of 4.6%, compared with approximately $1.5 million and a gross margin of 59.2% in the prior-year period. Total operating expenses were approximately $4.9 million, compared with approximately $3.1 million in the prior-year period. Third-quarter 2026 operating expenses included approximately $3.3 million of depreciation and amortization, $669,000 of stock-based compensation, and $936,000 of general and administrative expenses.
Datacentrex's net loss for the third quarter was approximately $2.6 million, or $(0.06) per basic and diluted share, compared with a net loss of approximately $1.5 million in the third quarter of 2025. Results included approximately $2.2 million of net realized and unrealized gains on digital assets, $314,000 of losses from changes in the fair value of derivatives, and $303,000 of net interest income. Adjusted EBITDA was approximately $1.3 million, compared with approximately $770,000 in the third quarter of 2025 and an Adjusted EBITDA loss of approximately $1.3 million in the second quarter of 2026. Third-quarter 2026 Adjusted EBITDA included approximately $2.2 million of net realized and unrealized digital asset gains.
Datacentrex ended the quarter with approximately $27.5 million in cash and cash equivalents and $1.7 million in digital assets, for a combined total of approximately $29.3 million, and no outstanding debt. Stockholders' equity was approximately $72.6 million.