Micro stock Babcock & Wilcox is reshaping itself into a data center company
Source: CoinWorld
Time: 2025-09-11 22:03:55
Babcock Wilcox Enterprise (NYSE: BW) is a historic energy company founded in 1867 and is now turning to data center power generation through a partnership with Denham Capital. The company aims to leverage coal and gas to meet the growing energy demands of AI and cloud computing data centers. The company's stock price has soared 123% over the past year, with 52% up in 2025, and is still a micro-stock despite its market capitalization of $265 million and its share price is still $2.63 per share.