Koch Inc. explores $15B sale of data center developer Edged as AI infrastructure demand surges

Koch Real Estate Investments is putting Edged, its data center development venture, on the block in a deal that could value the company at roughly $15 billion. The move comes as private equity firms scramble to snap up stakes in data center operators riding the AI compute wave. Edged, which Koch cofounded with entrepreneur Jakob Carnemark, has carved out a niche building ultra-efficient facilities for the largest hyperscale cloud providers. Why this matters for crypto and digital assets Bitcoin miners have been pivoting toward AI and high-performance computing for the past two years, precisely because the same GPU-dense facilities that train large language models can serve double duty. Companies like Core Scientific, Hut 8, and IREN have all made aggressive moves into AI hosting. A $15 billion price tag on a pure-play data center developer validates the strategy these crypto-native firms are pursuing, even if Edged itself isn’t in the mining business. Edged’s portfolio includes a 168 MW campus in Atlanta and a 96 MW facility near Chicago, with total capacity exceeding 300 MW across its sites. The financing tells the story Edged has raised nearly $2 billion in financing throughout 2...