Comstock, Sierra Springs Opportunity Fund tap Newmark to advise on Nevada powered land platform
Bitget2026/09/24 10:15- Comstock disclosed that Sierra Springs Opportunity Fund engaged Newmark to advise on its Nevada land-power-compute platform in Silver Springs.
- Newmark will guide development strategy for powered land, run a competitive RFP process, evaluate potential development and operating partners.
- Comstock holds a 47.63% fully diluted stake in the fund, positioning it to benefit while aiming to curb its capital needs.
- The fund controls about 2,200 acres, targeting energy infrastructure and data center development in Northern Nevada.
- The partner-selection process is scheduled, with updates expected through the fourth quarter of 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AERO price prediction – Identifying the next short-term target for the altcoin
Swiss Franc remains near 16-month lows as rate hike odds lift US Dollar

Rapid rise in real interest rates, Goldman Sachs warns that 'systematic selling pressure' in US stocks is building at quarter-end
Goldman Sachs believes that the rapid rise in real interest rates has exerted more direct pressure on the US stock market, with rate-sensitive sectors such as small-cap and financial stocks being particularly affected. On the liquidity front, Goldman Sachs estimates that pension funds may sell around $3.3 billions in equities at the end of the month and quarter, and that CTAs may sell about $530 million worth of Russell 2000 index futures in the coming week. For the market, unless the issues of oil and interest rates are resolved, the AI narrative is "almost irrelevant."
USD/JPY falls below 157! The yen becomes the strongest G-10 currency, with the market betting on another rate hike by the central bank next month.
On Wednesday, the yen strengthened against the US dollar, with the USD/JPY rate falling below the 157 mark, as repeated warnings from the Japanese government regarding exchange rates and end-of-quarter capital flows provided support for the yen.