Healthy Choice Wellness Signs 15-Year Data Center Lease with Host Digital
Healthy Choice Wellness Corp. has finalized a 15-year lease with Host Digital Infrastructure, potentially generating $1.25 billion in revenue. This agreement will enhance the company's infrastructure capabilities and financial outlook.
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Healthy Choice Wellness Corp. (NYSE American: HCWC) has entered into a 15-year lease agreement with Host Digital Infrastructure LLC, which is expected to become a subsidiary following a merger. The terms include 43 megawatts of IT load capacity at a data center in northeast Oklahoma, amounting to approximately $1.25 billion in base revenue, potentially reaching $3.2 billion with renewal options over 30 years.
Capacity delivery is anticipated in Q1 2027. This announcement has led to a 46% increase in HCWC shares, though the market cap remains at $7.75 million. The agreement aligns with the merger plan disclosed on May 27, 2023.
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