Host Digital Inc., formerly Healthy Choice Wellness Corp., completed its merger with Host Digital Infrastructure LLC on September 17, 2026. Its Class A stock now trades on NYSE American as HOST. Its only disclosed data center asset is a facility in northeastern Oklahoma leased to a single tenant. [Source 2] [Source 3]
Evidence: August 31 lease announcement, September 17 merger closing report and prospectus supplement, and September 21 offering closing report.
Host Digital Inc., formerly Healthy Choice Wellness Corp., completed its merger with Host Digital Infrastructure LLC on September 17, 2026. Its Class A stock now trades on NYSE American as HOST. Its only disclosed data center asset is a facility in northeastern Oklahoma leased to a single tenant. [Source 2] [Source 3]
On August 31, the company announced a 15-year take-or-pay lease for 43 MW of critical IT load. It describes the tenant as one of the world's largest privately held cloud infrastructure companies. The lease is expected to be supported by a backstop from a U.S.-based, investment-grade global technology company. Neither party is named. [Source 1]
The company puts base-term contracted revenue at about $1.25 billion, with annual rent escalators. It cites about $3.2 billion over a 30-year total term if all renewal options are exercised. That larger figure depends on renewals that are not guaranteed. [Source 1]
Status as of September 17, 2026: Leased. The August release calls the site a currently energized facility. The September 17 prospectus says the facility is currently being developed to provide the 43 MW of critical IT load. Read together, the site has electrical service but the leased IT capacity is not yet delivered. [Source 1] [Source 3]
Delivery timing has narrowed. The August release said the first half of 2027. The September 17 prospectus says the first quarter of 2027. [Source 1] [Source 3]
The prospectus says Host Digital expects to acquire a second facility from its sponsor, also in northeast Oklahoma. That site is expected to carry a 12-year take-or-pay lease with a publicly traded AI cloud provider for about 16 MW of critical IT load. The company cites about $391 million in base-term rent, or about $819 million over 22 years if all renewals are exercised. [Source 3]
That contribution remains subject to negotiation and definitive agreements. The company says no assurance can be given that it will occur. Status: Proposed. [Source 3]
The sponsor also holds or controls a pipeline of about 450 MW at various and preliminary stages of development and site control across multiple markets. The power basis of that figure is not specified. Host Digital does not own those sites. It has a two-year right of first refusal, and the sponsor is not obligated to contribute them. [Source 3]
On September 21, Host Digital closed an underwritten offering of 2,187,500 shares at $8.00, for gross proceeds of about $17.5 million. It says it intends to use net proceeds for data center investments and general corporate purposes. [Source 4]
The reviewed filings do not name the tenant or the backstop provider, disclose rent per kW, or give the facility's exact city or address. They do not disclose the facility's utility service capacity separately from the 43 MW critical IT figure. Dividing contracted revenue by megawatts would not produce a market rental rate, because escalators, services and power pass-through terms are not disclosed.
This is a single-tenant, fully leased facility. Nothing in the reviewed filings shows capacity offered to new customers, so the 43 MW should not be read as Oklahoma inventory.
The model matters more than the site. The company says it intends to scale by securing near-term energized power on right-sized sites and contracting with strong or credit-enhanced counterparties. A backstop from an investment-grade technology company is the same kind of credit support seen in other recent AI leases. Buyers and landlords should expect that structure to shape who can sign large leases quickly. [Source 1]
For operators evaluating mid-size sites, the 16 MW second site is the more comparable data point. It shows a smaller, 12-year AI cloud lease on similar take-or-pay terms, though Host Digital has not yet acquired it.
The reviewed filings do not name the tenant or backstop provider, disclose rent per kW, give the facility's exact city, or disclose utility service capacity separately from the 43 MW critical IT figure. No capacity offered to new customers is established.
Hyperscale Data says it invested more than $70 million into Alliance Cloud Services and its Michigan facility through September 15. Its September 17 update targets November 2026 for operations under an existing agreement with an unnamed California-based neocloud provider. That is a deployment target, not confirmation that the contracted service is operating. [Source 1]
Read the analysisBitdeer AI announced a ten-year data center services agreement for A202 in Johor Bahru, Malaysia. The facility represents 65.1 MW of critical IT load, with energization targeted for Q3 2027. This is a commitment for future infrastructure, not confirmation of operating capacity. [Source 1]
Read the analysisAXG and Digital Realty announced a partnership to deliver hosted private infrastructure through global system integrators and managed service providers. Their September 17 release describes a combined offering across 31 markets in more than 30 countries. It covers private AI, edge infrastructure, cloud repatriation and infrastructure for AI service providers. [1]
Read the analysis