Stratum Holdings (NASDAQ: SRTM) has signed a non-binding letter of intent under which a newly formed buyer subsidiary would acquire substantially all assets of its legacy real estate businesses, including brokerage, franchising, education, property management, mortgage and title services. The sale would let the company focus capital and management on AI infrastructure and GPU leasing, while removing legacy liabilities and operating costs, and management targets profitability in 2027. It follows the October 1 announcement of a long-term lease for NVIDIA B300 GPUs. The deal remains subject to due diligence, a definitive agreement and required approvals, and there is no assurance it will be completed.
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