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Synteq Digital Enters Into Definitive Agreements for Strategic Real Estate Acquisition from Horizon Kinetics, Welcoming the Firm as its first Institutional Shareholder
Synteq Digital expands with a 10MW North Carolina data center acquisition in an all-equity deal, welcoming Horizon Kinetics and FRMO as shareholders.
- On Dec. 15, 2025, Synteq Digital entered definitive agreements with Horizon Kinetics and FRMO Corp. to acquire a North Carolina data center with approximately 10MW in an all-equity deal.
- Synteq Digital aims to diversify services for digital mining and high-performance computing clients, expanding offerings to support large enterprise data center operators and the broader digital compute industry.
- Horizon Kinetics, a NYC-based fund manager with approximately $10.4 billion in assets under management, and FRMO Corp. will become shareholders of Synteq upon completion.
- Taras Kulyk, CEO of Synteq, said the deal is subject to customary closing conditions and called it `...a pivotal moment in our growth strategy...`.
- The transaction marks the first phase of Synteq's broader strategic expansion, leveraging offices in New York City, White Plains, New York and Summit, New Jersey.
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Synteq Digital Enters Into Definitive Agreements for Strategic Real Estate Acquisition from Horizon Kinetics, Welcoming the Firm as its first Institutional Shareholder
WILMINGTON, Del., Dec. 15, 2025 /PRNewswire/ -- Synteq Digital (Synteq), a leader in the digital compute sector, today announced it has entered into definitive agreements with Horizon Kinetics (Horizon), and FRMO Corp. (FRMO), to acquire key real estate assets, including…
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Total News Sources38
Leaning Left3Leaning Right3Center12Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 16%
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