Asbis Enterprises bets on data centers and AI to keep its stock rally going
Photo: Crypto Briefing
The Cyprus-based IT distributor is leaning into server sales for AI projects after shares rose approximately 476% this year Asbis Enterprises spent years as the kind of company most investors scrolled past. It distributes IT hardware across Europe, the Middle East and Africa. Then AI showed up. Now the Limassol-based distributor is steering its business toward data centers and AI infrastructure. Shares listed on the Warsaw Stock Exchange have climbed approximately 476% in 2026. That surge has pushed the company’s market capitalization above $2.5 billion.
Source: Crypto Briefing
