Oracle Receives $251.6M Bloom Warrant as Jupiter Link Remains Unclear
Oracle received a stock warrant from Bloom Energy valued at $251.6 million as the companies expanded a data-center power partnership in Doña Ana County that includes Project Jupiter. Bloom later issued nearly 250,000 additional shares worth $72.3 million as part of the warrant transaction, including incentive shares. Both firms declined to say how much value or negotiation was specifically tied to Project Jupiter.