{"id":998528,"date":"2026-08-27T08:48:04","date_gmt":"2026-08-27T12:48:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fingermotion-sets-out-new-managements-strategic-plan-with-blueflare-energy-solutions-for-ai-focused-modular-data-center-expansion\/"},"modified":"2026-08-27T08:48:04","modified_gmt":"2026-08-27T12:48:04","slug":"fingermotion-sets-out-new-managements-strategic-plan-with-blueflare-energy-solutions-for-ai-focused-modular-data-center-expansion","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fingermotion-sets-out-new-managements-strategic-plan-with-blueflare-energy-solutions-for-ai-focused-modular-data-center-expansion\/","title":{"rendered":"FingerMotion Sets Out New Management\u2019s Strategic Plan with BlueFlare Energy Solutions for AI Focused Modular Data Center Expansion"},"content":{"rendered":"
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\n FingerMotion believes that its BlueFlare alliance positions the Company to become a successful owner-operator of rapidly deployable, behind-the-meter data center capacity serving enterprise compute customers in Canada and the United States<\/i>\n <\/p>\n

\n New management\u2019s first executed step towards this new business model was its August 17th acquisition of 9.9% of Lyken.AI. <\/i>\n <\/p>\n

\n West Palm Beach, FL, Aug. 27, 2026 (GLOBE NEWSWIRE) — FingerMotion, Inc. (Nasdaq: FNGR)\u00a0<\/b>(“FingerMotion” or the “Company”) today is providing investors with the strategic plan developed by new management with BlueFlare Energy Solutions Inc. (“BlueFlare”) for behind-the-meter (“BTM”) artificial intelligence (“AI”) and high-performance computing (“HPC”) infrastructure in North America.<\/p>\n

The Company believes its new business model provides the strongest prospect of success by leveraging BlueFlare\u2019s existing operating platform (site origination, on-site natural gas power generation, modular construction, load management and field operations), rather than building those capabilities from scratch. The Company also plans to continue its existing mobile payment, recharge and data-analytics operations in China while this infrastructure business is built.<\/p>\n

On June 9, 2026, FingerMotion announced that it had entered into a memorandum of understanding with BlueFlare regarding its BTM AI compute infrastructure across Western Canada. Under that contemplated framework, BlueFlare would act as FingerMotion\u2019s primary development partner across Alberta, British Columbia and Saskatchewan for the origination, design, engineering, construction and ongoing support of HPC inference sites integrated with co-located bitcoin mining on a behind-the-meter basis.<\/p>\n

\n \u201cAccess to power has become one of the principal constraints on the development of new data center capacity. Our strategy is designed around that reality. By locating modular compute infrastructure behind the meter, where power is generated at or near the site, we believe we can exert greater control over energy availability, deployment schedules and operating economics.\u201d<\/i>\n <\/p>\n

\u2014 Jolie Kahn, Chief Executive Officer, FingerMotion<\/p>\n

\n First step under new management: the Lyken.AI investment<\/b>\n <\/p>\n

On August 4, 2026, the Company announced the appointment of a new chief executive officer. The new management team has since set the Company\u2019s direction as an owner and operator of enterprise AI compute capacity in North America, alongside the existing mobile data and telecommunications business.<\/p>\n

The first executed step of that plan closed on August 17, 2026 when FingerMotion completed the acquisition of a 9.9% equity interest in Lyken AI Computing Inc., operating as Lyken.AI, from Alset AI Ventures Inc. Consideration was 1,674,480 restricted common shares of FingerMotion. No cash was paid at closing. Alset AI retains a 90.1% controlling interest in Lyken. The Company has disclosed that it may increase its position in the future, subject to the conditions in the definitive agreements.<\/p>\n

Lyken provides outsourced cloud-compute capacity and an integrated enterprise offering across compute, storage, networking and deployment support \u2014 the customer-facing layer that sits between retail colocation and the hyperscalers. This is the same underserved mid-market buyer this plan is written to serve. The investment is therefore not an adjacent financial stake. It is the first step in the execution of the plan: a position in a platform that already originates enterprise inference demand, while BlueFlare originates the behind-the-meter sites and power that can serve that demand.<\/p>\n

In an August 25, 2026 press release, the Company noted that Lyken had entered a non-binding memorandum of understanding dated August 24, 2026 with Swarmnet Solutions Pte. Ltd. covering an indicative framework for a 128-node NVIDIA B300 cluster and related token-optimization services. That MOU is Lyken\u2019s, not FingerMotion\u2019s; it remains non-binding and subject to funding and definitive agreements. It is cited here only because it is already public and because it is consistent with the pipeline the Company referenced when the Lyken investment closed.<\/p>\n

\n The vision<\/b>\n <\/p>\n

FingerMotion has begun its transformation to strive to become a well positioned owner-operator of behind-the-meter powered, rapidly deployable data center capacity serving enterprise compute customers throughout North America \u2014 beginning in Canada and extending into the United States.<\/p>\n

The customer the Company intends to serve is not the hyperscaler booking hundreds of megawatts for 2030. It is the enterprise buyer that needs tens of megawatts, wants the workload to remain in a specific country with a traceable chain of custody, and needs capacity in the near future rather than at the end of a multi-year interconnection queue. Banks, insurers, health systems, governments and industrial firms building their own models are prime potential customers because larger hyperscaler data centers require massive commitments that most of FingerMotions potential customers just cannot use.<\/p>\n

The first sites the Company is evaluating under the BlueFlare framework are modular and intentionally measured in the low- to mid-single-digit megawatts. This model is designed to stack: a 1\u20132 MW first increment, then 10 MW, then 20 MW, as offtake proves out and project capital attaches to each increment. Fixed-scale larger campus hyperscaler projects cannot serve that type of demand, whereas the modular BTM off-grid capacity we are planning to build should be easily able to do so.<\/p>\n

The Company sees the Lyken and BlueFlare partnerships as complimentary parts of the same plan. Lyken is the path to contracted enterprise workloads and managed services, whereas BlueFlare is the foundation to power that does not wait on a grid waiting list. New management\u2019s plan is to put these two capabilities together, rather than to build either one from a standing start.<\/p>\n

\n \u201cMany enterprises do not require hundreds of megawatts of capacity. They may need an initial deployment that can be brought online quickly, located in a specific jurisdiction and expanded as their workloads develop. Our objective is to match infrastructure deployment more closely with contracted customer demand.\u201d<\/i>\n <\/p>\n

\u2014 Jolie Kahn, Chief Executive Officer, FingerMotion<\/p>\n

\n Why this market exists now<\/b>\n <\/p>\n

Demand for compute is not the scarce variable. Power that can be delivered on a customer\u2019s schedule is.<\/p>\n

In Canada, four provinces reached that conclusion independently in a single year. Alberta received requests to connect roughly 19,565 megawatts of new data center load, allowed 1,200 megawatts, and under the Data Centre Regulation in force since June 2026 now directs its system operator to prioritize projects that pair demand with dedicated new generation1<\/sup>. British Columbia replaced its data-center interconnection queue with a competitive auction, capped and oversubscribed2<\/sup>. Ontario has restricted large-load connections pending unresolved rules. Saskatchewan allocated surplus to Bell\u2019s Regina AI facility \u2014 and Bell still built on-site gas generation with a dedicated SaskEnergy pipeline. When the best-positioned grid customer in the province generates its own power, that is a verdict on the grid, not a hedge.<\/p>\n

The United States took the opposite approach \u2014 queues left open \u2014 and arrived at the same wall. ERCOT\u2019s large-load queue is on the order of 238 gigawatts, the majority data centers, with a request-to-operating conversion in the low single digits.3<\/sup> PJM wait times run far past federal interconnection targets, and a large share of queued projects in key data-center markets may never energize.4<\/sup><\/p>\n

Canada rationed by rule. The United States rationed by queue. In both cases a connection request and actual electricity are different things. Any plan that depends on drawing power from a North American grid now depends on a process the operator does not control and, in several jurisdictions, cannot enter.<\/p>\n

\n The plan: behind-the-meter, gas-fired, modular, project-financed<\/b>\n <\/p>\n

Behind-the-meter infrastructure generates electricity at or near the facility rather than depending primarily on electricity delivered through the public transmission grid. FingerMotion believes this model may provide several potential advantages, including:<\/p>\n