AirJoule Technologies Acquires BitSink for up to $67 million

07:28 AM EDT, 09/14/2026 (MT Newswires) -- AirJoule Technologies (AIRJ) said Monday it has acquired data center cooling company BitSink in a deal worth up to $67 million. Under the terms of the deal, AirJoule Technologies acquired 100% of BitSink for an upfront payment of $18 million in cash and $9 million worth of shares. The deal could be bumped up by another $40 million in AirJoule shares if BitSink meets revenue milestones over the three years after the close. Shares of AirJoule were down over 2% pre-bell Monday. Price: 4.16, Change: -0.12, Percent Change: -2.73