August 18, 2025
In a move signaling confidence in the burgeoning data center industry, Austin Daniels, CEO of Empire Market Venturesโa prominent Wall Street consulting firmโhas purchased 4,300 shares of TSS Inc. (NASDAQ: TSSI) at an average price of $16.01 per share. The purchase ion the open market, valued at approximately $68,843, comes at a time when the stock has faced downward pressure, but Daniels sees significant upside potential driven by market demand and strategic positioning.
TSS Inc., a provider of data center facilities and technology services, has been navigating choppy waters recently. The company specializes in planning, designing, deploying, and maintaining enterprise systems, with a strong focus on high-performance computing environments essential for AI and cloud infrastructure. Despite recent earnings reports showing robust revenue growthโup 172% in 2024 according to industry analysesโthe stock has been hammered by profit-taking, short selling, and broader market volatility.
Daniels attributes part of the pressure to the inherent characteristics of low-float stocks like TSSI. “When you get a low-float stock, you often get some potential manipulation,” Daniels explained in a statement. “I am not saying that is the case here, but low-float stocks are in general more prone to price manipulation.” Low-float stocks, which have fewer shares available for trading, can experience exaggerated price swings due to limited liquidity, making them attractive targets for speculative trading.
Adding to his bullish outlook, Daniels highlighted conversations with key players in the Miami real estate market, where investments in data centers are surging at a record pace. “Everyone knows the need and the demand for this,” he said, referring to the explosive growth in AI-driven computing requirements. Miami has emerged as a hotspot for data center development, fueled by its strategic location, favorable climate for cooling systems, and proximity to Latin American markets. Real estate investors are pouring capital into facilities to meet the escalating demand from tech giants and enterprises alike.
TSS Inc. is positioned early in this high-growth industry, and its partnership with Dell Technologies stands out as a key differentiator. As a recipient of Dell’s 2023 First Choice Partner Award, TSS acts as a critical integrator, procuring and configuring equipment for data centers. This relationship not only provides TSS with a steady revenue streamโDell accounted for over 95% of TSS’s revenue in recent yearsโbut also enhances its reputation. “With a customer like Dell, it allows TSSI to get reputation and potentially get higher household name clients,” Daniels noted.
The company recently completed a $58 million capital raise, which Daniels believes could be a catalyst for reversal. “With the fresh raise of $58 mil, we would like to see strong news to reverse the trend back to the upside,” he added. This infusion of funds is expected to support expansion into adjacent areas, such as modular data centers and cybersecurity infrastructure, further bolstering TSS’s role in the AI ecosystem.
Daniels’ track record lends credibility to his investment thesis. He has previously worked with companies experiencing explosive growth, including Power Metallic Mines, whose market capitalization soared from $58 million to $350 million under strategic guidance. He is currently working with ZenaTech (NASDAQ: ZENA), a drone company specializing in AI-integrated drones that has seen massive expansion in under a year since its IPO, as well as Hemostemix, a clinical-stage biotechnology company focused on regenerative medicine, Nova Minerals, an emerging player in gold and critical minerals exploration, and Snow Lake Energy, a company advancing uranium projects for the clean energy transition. These engagements highlight Daniels’ focus on high-growth sectors with transformative potential.
As the data center sector continues to heat upโdriven by AI advancements and cloud computing needsโinvestors like Daniels are betting on under-the-radar players like TSS Inc. to deliver outsized returns. While risks remain, including client concentration and market manipulation concerns, the fundamentals appear strong. TSSI shares closed at $15.24 on the last trading day, reflecting a 52-week range from $15.18 to $31.94, underscoring the volatility and potential reward.
Empire Market Ventures, under Daniels’ leadership, focuses on consulting for emerging market opportunities, particularly in technology and resources. This latest move underscores a broader trend of Wall Street insiders seeking value in AI-enabling infrastructure amid economic uncertainties.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Stock prices and market conditions are subject to change.This article is provided for informational and educational purposes only and does not constitute investment advice, financial advice, or a recommendation to buy, sell, or hold any securities, including TSS Inc. (NASDAQ: TSSI) or any other stocks mentioned. Austin Daniels, CEO of Empire Market Ventures, is affiliated with this publication and has a financial interest in TSS Inc., having purchased 4,300 shares as disclosed in this article. Daniels may buy additional shares, sell his existing holdings, or engage in other transactions involving TSS Inc. or other securities mentioned at any time without prior notice, which could affect the market price or volatility of those securities. The information presented is based on publicly available data, statements provided by Daniels, and general market analysis, and it has not been independently verified. Investing in securities, particularly low-float stocks like TSSI, involves significant risks, including the potential for substantial losses due to price volatility, market manipulation, or other factors. Past performance of companies associated with Daniels, such as Power Metallic Mines, ZenaTech, Hemostemix, Nova Minerals, or Snow Lake Energy, is not indicative of future results for TSS Inc. or any other investment. Readers should conduct their own research, consult with a qualified financial advisor, and carefully consider their financial situation and risk tolerance before making any investment decisions. Stock prices and market conditions are subject to rapid change, and the data provided, including share prices and market capitalization, may no longer be current at the time of reading. The publication, its authors, and its affiliates, including Austin Daniels, assume no liability for any losses or damages arising from the use of this information.
