Alpha Compute Signs Binding Term Sheet for Planned 200 MW Natural Gas-Powered Data Center Campus in Pennsylvania, with Potential Expansion to 1 GW

ROADTOWN, Tortola, BVI, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Alpha Compute Corp. (Nasdaq: ALP) ("Alpha Compute" or the "Company"), a technology pioneer in AI Confidential Compute and GPU-as-a-service (GPUaaS), today announced that it has entered into a Binding Term Sheet covering the acquisition of mineral, surface and pore-space assets in northern Pennsylvania, and the offtake of power and data center capacity from the resulting planned data center campus (the "PA project”).