Datacentrex, Inc. reported its financial results for the second quarter of 2026, revealing a revenue of $1.9 million, a slight decrease from $1.93 million in the same period last year. For the first half of 2026, the company generated $4.1 million in revenue, a significant increase from $2.1 million in the first half of 2025. The increase in revenue for the six-month period was primarily attributed to the expansion of the company's mining operations and a transition to a hashrate marketplace monetization model, which typically settles in Bitcoin. However, the company also reported a net loss of $5.5 million for the quarter and $11.6 million for the six months, compared to losses of $1.5 million and $1.8 million, respectively, in the prior year.
The company's cost of revenue for the second quarter rose to $1.7 million from $998,000 a year earlier, reflecting increased power rates and operational activity. Operating expenses surged to $5 million in the second quarter, up from $2.4 million in the same period last year, driven by higher depreciation costs associated with a larger mining fleet, stock-based compensation, and increased legal and consulting fees. The depreciation expense alone accounted for approximately $3.3 million in the latest quarter, reflecting the company's substantial investment in mining equipment.
Datacentrex's operational metrics showed stability, with a fleet of 3,085 Scrypt ASIC miners deployed across four colocation facilities in the U.S. as of June 30, 2026. The company maintained its average nameplate capacity at approximately 14 GH/s per unit, translating to a total deployed hashrate of about 43.2 TH/s. The company’s digital asset holdings also increased, with a fair value of $5.9 million in digital assets, including Bitcoin, Dogecoin, and Litecoin, as of the end of the quarter.
Strategically, Datacentrex has focused on expanding its mining operations while managing costs associated with power and colocation services. The company has entered into various agreements with independent data center providers to secure necessary infrastructure for its mining activities. However, the company faces challenges from rising competition for power and infrastructure, particularly from the growing demand for data center capacity driven by artificial intelligence and high-performance computing workloads. Additionally, ongoing regulatory uncertainties and market volatility in digital assets could impact future operations and profitability.
Looking ahead, Datacentrex aims to enhance its operational efficiency and explore opportunities for growth through potential mergers, acquisitions, and strategic investments in digital infrastructure. The company remains focused on optimizing its capital allocation and maintaining liquidity to navigate the evolving landscape of the digital asset mining industry.
About Datacentrex, Inc.
Thumzup Media Corporation operates a social media marketing platform connecting brands with everyday consumers. Its mobile app incentivizes users to post authentic content about products, leveraging gig economy trends and micro-influencers. The company aims to generate scalable, word-of-mouth advertising through paid social media posts, targeting a broad consumer base and utilizing proprietary technology, with a focus on democratizing social media marketing and influencer engagement.
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