FingerMotion Inc. (NASDAQ: FNGR) has disclosed plans to develop behind-the-meter data center infrastructure in North America, leveraging modular facilities powered by on-site natural gas generation. The strategy aims to bypass traditional utility interconnection queues by deploying capacity tailored to enterprise customers requiring tens of megawatts, rather than hyperscale deployments.
Under a non-binding memorandum of understanding with BlueFlare Energy Solutions Inc., FingerMotion would collaborate on site origination, design, engineering, construction, and operations support. The framework covers Alberta, British Columbia, and Saskatchewan, with no definitive agreements yet signed.
The company also announced the acquisition of a 9.9% equity interest in Lyken AI Computing Inc., paying 1,674,480 restricted common shares with no cash exchanged at closing. Alset AI Ventures Inc. retains a 90.1% controlling stake in Lyken. FingerMotion’s CEO Jolie Kahn, appointed on August 4, highlighted the strategic shift under new management, which completed its first transaction on August 17.
FingerMotion will continue its existing mobile payment and data-analytics operations in China while pursuing the North American infrastructure initiative. The company acknowledged risks including natural gas availability and pricing, construction and permitting delays, long enterprise sales cycles, capital constraints, and reliance on partner execution. No site control, power agreements, customer offtake contracts, or project financing have been announced, and the announcement does not constitute a binding commitment.
