# Oracle was issued a warrant to purchase up to 3.53 million shares of Bloom Energy.

*business · news · 2026-04-13 · CNBC*

## Key points

- Oracle received a warrant to buy 3.53 million Bloom Energy shares at $113.28 each.
- Oracle's warrant is already worth $316 million more due to Bloom's stock surge to nearly $203.
- Oracle has contracted 1.2 gigawatts of Bloom capacity, with plans to procure up to 2.8 gigawatts.
- Bloom's fuel cells will power Oracle's U.S. data centers, with deployment completion targeted for 2027.
- Bloom's market cap has surpassed $50 billion, driven by demand from AI data center developers.

**Companies:** Oracle, Bloom Energy
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/04/13/oracle-expands-bloom-energy-deal-days-after-400-million-stock-warrant.html)

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