Bitcoin mining services provider Synteq Digital has acquired ASIC miner repair shop HMTech, as it pushes into GPU services amid a broader expansion into high performance computing (HPC).
Per a Synteq press release, the acquisition includes HMTech’s operating business, repair facilities, and two data centers in Texas with a total potential capacity of 30 MW. Synteq paid for the bulk of the acquisition in equity.
“This acquisition is at a strategic moment for Synteq. By combining HMTech’s world-class technical operations with strategic real estate in Texas and North Carolina, we are securing both the talent and the physical footprint needed to dominate the next phase of digital infrastructure,” Taras Kulyk, CEO of Synteq Digital, said.
“We are moving into comprehensive lifecycle management for high-value compute hardware, including GPUs. We’re not abandoning our foundation, but expanding our offering to become a leader in the digital compute services offering,” he continued.
The acquisition follows on the heels of Synteq’s purchase of a 10 MW data center from Horizon Kinetics and FRMO Corporation in December 2025. Taken together, both acquisitions position the company to push into HPC offerings.
HMTech’s team will merge with Synteq as part of the deal, with CEO Gerald Wilkie serving as Synteq’s vice president of mining site development.
“Joining forces with Synteq provides HMTech with the platform and resources to scale our operations at a pace that wouldn’t be possible independently,” Wilkie said.
“We have built a reputation for technical excellence at all of our sites, and by integrating with Synteq’s global footprint, we can now offer our specialized repair and refurbishment services, specifically for GPUs and HPC hardware, to a much broader market,” he concluded.
Header image by Geekerwan via Creative Commons.
