Existing 40 MW Operating Data Center Provides Current Revenue Base as Company Advances Growth Plan Collaboration with Super Micro and PDM along with Modular Deployment Strategy Strengthen BlockchAIn’s Ability to Deliver AI-Ready Capacity at Speed and Scale Recent 20 MW and 5 MW Letters of Intent Highlight More Than $500 Million in Expected Initial Contract Value Upon Execution of Definitive Agreements Company Prepares to Report FY2025 Earnings and File Form 10-K NEW YORK, March 24, 2026 (GLOBE NEWSWIRE) -- ...

BlockchAIn Secures 20 MW AI Data Center, Shares Take Off Shares of AI infrastructure firm BlockchAIn (NYSE: $AIB) were up over 16 percent in pre market trading after the company said it entered into a non-binding letter of intent for a 20 megawatt build-to-suit data center lease in North Carolina. The company says the project is expected to represent over $400 million in total contract value over an initial 10-year lease term. Including two seven-year renewal options, the potential aggregate TCV could reac ...

Group 1 - AIB Acquisition Corporation is set to debut on the New York Stock Exchange (NYSE) following a business combination with Signing Day Sports and BlockchAIn Digital Infrastructure, Inc. [1][5] - The business combination was approved by stockholders on March 13, 2026, and is expected to finalize soon [1]. - BlockchAIn Inc. will begin trading its common stock under the ticker symbol "AIB" on March 17, 2026, at 9:30 a.m. EDT [2]. Group 2 - The stock for AIB is currently priced at $4.75, reflecting a decrease of 21.62% with a change of $1.31 [3]. - AIB's stock has fluctuated between a low of $4.36 and a high of $6.28 throughout the day, indicating volatility in its trading performance [3]. - Over the past year, AIB's stock has reached a high of $6.06 and a low of $4.50 [5]. Group 3 - AIB has a market capitalization of approximately $17.16 million, indicating the company's overall value in the market [4]. - The trading volume for the day stands at 227,856 shares, suggesting a moderate level of investor interest [4]. - AIB's transition to the NYSE is a strategic move that could potentially enhance its visibility and attract more investors [4].

Core Insights - BlockchAIn Digital Infrastructure, Inc. has entered into a non-binding letter of intent with a global cloud infrastructure provider for a build-to-suit data center lease in the Southeastern U.S. [1][2] - The proposed facility is expected to support up to 20 megawatts of AI and high-performance computing capacity, expanding BlockchAIn's platform for next-generation compute infrastructure [2][5] - The project represents over $400 million in total contract value over the initial 10-year lease term, with potential aggregate total contract value of approximately $1.2 billion including renewal options [3][4] Company Developments - The facility will be a one-story core-and-shell building of approximately 46,550 square feet on about 4.4 acres, designed to support AI and HPC workloads [4][8] - BlockchAIn's recent $100 million, 5 MW AI infrastructure deployment validates its development model focused on purpose-built facilities and disciplined capital deployment [5][6] - The company operates a 40 MW data center campus in South Carolina, generating approximately $22.9 million in revenue and $5.7 million in net income in 2024 [9] Industry Context - Demand for AI and high-performance computing infrastructure is accelerating as enterprises and cloud platforms scale next-generation compute workloads [5][6] - BlockchAIn's power-first development model aims to accelerate deployment timelines and reduce capital intensity compared to traditional data center development approaches [6][7] - The modular design philosophy of BlockchAIn is intended to enable rapid deployment and scalable expansion, positioning the company to move faster than conventional development models [7]

Core Viewpoint - BlockchAIn Inc. is set to begin trading on NYSE American under the ticker "AIB" on March 17, 2026, following the successful completion of its business combination with Signing Day Sports and One Blockchain LLC, positioning the company for growth in the AI and HPC sectors [1][2]. Group 1: Business Combination - The business combination results in Signing Day Sports and One Blockchain LLC becoming wholly-owned subsidiaries of BlockchAIn Inc. [1] - The transaction is seen as a significant milestone for BlockchAIn Inc. as it enters public markets [2]. Group 2: Company Operations - BlockchAIn LLC focuses on developing and operating digital infrastructure for high-performance computing (HPC) and artificial intelligence (AI) hosting [4]. - The company has planned AI data center expansions with favorable economics for activation in 2026 and 2027, currently operating a 40 MW data center facility in South Carolina [4]. - In 2024, BlockchAIn LLC generated approximately $22.9 million in revenue and approximately $5.7 million in net income [4]. Group 3: Signing Day Sports - Signing Day Sports aims to assist student-athletes in connecting with college sports programs through its technology platform [5]. - The platform allows student-athletes to create recruitment profiles that include video-verified measurables and academic information [5].

Core Viewpoint - Signing Day Sports and BlockchAIn Inc. are transitioning their stock trading symbols as part of a business combination approved by stockholders, with Signing Day Sports continuing to trade under "SGN" until March 16, 2026, and BlockchAIn Inc. expected to begin trading under "AIB" on March 17, 2026 [1][2][3] Group 1: Business Combination Details - The business combination between Signing Day Sports and BlockchAIn LLC is set to close on March 16, 2026, making them operating subsidiaries of BlockchAIn Inc. [2] - Following the completion of the business combination, BlockchAIn Inc.'s common stock will start trading on the NYSE American under the ticker symbol "AIB" on March 17, 2026, at 9:30 a.m. EDT [3] - The new CUSIP number for BlockchAIn Inc.'s common stock will be 093919108 [3] Group 2: Leadership Statements - Daniel Nelson, CEO of Signing Day Sports, emphasized the importance of providing stockholders with a clear update on the trading schedule and expressed appreciation for their support [4] - Jerry Tang, CEO of BlockchAIn, expressed excitement about the transaction and the potential for the combined company to meet the growing demand for AI and high-performance computing infrastructure [4] Group 3: Company Profiles - BlockchAIn LLC focuses on developing digital infrastructure for high-performance computing and AI hosting, with plans for data center expansions in 2026 and 2027 [6] - In 2024, BlockchAIn LLC generated approximately $22.9 million in revenue and approximately $5.7 million in net income from its existing 40 MW data center facility in South Carolina [6] - Signing Day Sports aims to assist student-athletes in achieving their college sports goals through a recruitment app that allows them to create profiles with video-verified metrics and academic information [7]

Core Viewpoint - Signing Day Sports, Inc. has received approval from its stockholders for a business combination with BlockchAIn Digital Infrastructure, Inc., which is expected to close on March 16, 2026, leading to the trading of BlockchAIn Inc.'s common stock on the NYSE American under the ticker symbol "AIB" starting March 17, 2026 [2][3][4] Company Overview - Signing Day Sports aims to assist student-athletes in achieving their goals of playing college sports through a recruitment platform that includes video technology and comprehensive data sets for evaluation [7][8] - BlockchAIn LLC focuses on developing and operating digital infrastructure for high-performance computing (HPC) and AI hosting, with plans for AI data center expansions in 2026 and 2027 [6] Financial Highlights - BlockchAIn LLC generated approximately $22.9 million in revenue and approximately $5.7 million in net income in 2024 from its existing 40 MW data center facility in South Carolina [6] Strategic Direction - The business combination is seen as a strategic move to leverage the strengths of both companies, particularly in pursuing growth opportunities in AI and high-performance computing [4] - The combined organization aims to develop scalable digital infrastructure to meet the increasing demand for AI and advanced computing workloads [4]

Core Viewpoint - Signing Day Sports, Inc. is advancing its proposed business combination with BlockchAIn LLC, which includes a significant data center lease aimed at supporting next-generation AI infrastructure deployments [1][9]. Company Developments - BlockchAIn LLC has signed a non-binding letter of intent with an international private equity firm for a build-to-suit data center lease that is expected to support approximately 5 megawatts of IT capacity [1][2]. - The project is projected to represent over $100 million in total contract value over an initial 10-year lease term, with potential aggregate total contract value of approximately $300 million, including two seven-year renewal options [3]. Industry Insights - There is a robust demand for power-advantaged infrastructure capable of supporting modern AI and high-performance computing workloads, as noted by BlockchAIn's CEO [4]. - The demand for AI and HPC infrastructure is accelerating as enterprises and cloud infrastructure providers scale next-generation compute deployments [4]. - BlockchAIn's modular infrastructure philosophy is designed to enable rapid deployment and scalable expansion in response to growing AI compute demand [6]. Financial Performance - BlockchAIn LLC operates a 40 MW data center campus in South Carolina, which generated approximately $22.9 million in revenue and approximately $5.7 million in net income in 2024 [8]. Future Outlook - Operations for the new data center are expected to commence approximately six to nine months following lease execution, contingent upon the finalization of definitive agreements [7]. - The company aims to accelerate deployment timelines and reduce capital intensity through its power-first development model [5].

Core Viewpoint - The anticipated business combination between Signing Day Sports and BlockchAIn Digital Infrastructure is set to close on March 16, 2026, allowing BlockchAIn Inc. to begin trading on the NYSE American under the symbol "AIB" [1][2][3]. Company Overview - Signing Day Sports aims to assist student-athletes in achieving their college sports aspirations through a recruitment platform that includes video technology and comprehensive data sets [5]. - BlockchAIn LLC focuses on developing and operating digital infrastructure for high-performance computing (HPC) and AI hosting, with plans for data center expansions in 2026 and 2027 [4]. Financial Performance - BlockchAIn LLC generated approximately $22.9 million in revenue and $5.7 million in net income in 2024 from its existing 40 MW data center facility in South Carolina [4]. Strategic Importance - The business combination is viewed as a significant milestone for both companies, positioning the combined entity as an AI-focused digital infrastructure platform to meet the growing demand for AI and high-performance computing workloads [3].

Core Viewpoint - Signing Day Sports, Inc. is advancing its proposed business combination with BlockchAIn LLC and its affiliates, focusing on developing a U.S.-based platform to meet the growing demand for AI and high-performance computing infrastructure [1][2]. Business Combination Details - The business combination is expected to close in March 2026, pending stockholder and regulatory approvals, with BlockchAIn Inc. shares anticipated to trade on NYSE American under the ticker symbol "AIB" [2]. - The transaction involves Signing Day Sports and BlockchAIn LLC becoming wholly-owned subsidiaries of BlockchAIn Inc. [10]. Infrastructure Development Strategy - BlockchAIn's strategy emphasizes converting strategically located power resources into AI and HPC infrastructure using a modular deployment architecture [2][3]. - This model aims to accelerate development timelines, reduce capital intensity, and scale capacity in response to increasing enterprise and cloud demand for AI compute [3][9]. Strategic Collaborations - BlockchAIn has entered a strategic collaboration with Power and Data Management LLC (PDM) to support its infrastructure rollout, which is expected to facilitate a development pipeline of approximately 5–6 gigawatts (GWs) of data center capacity [4][5]. - PDM's capabilities allow for significantly shorter lead times in delivering electrical infrastructure, which is crucial for accelerating project timelines and mitigating supply chain constraints [6]. Power Access and Market Strategy - A key aspect of BlockchAIn's platform is its access to low-cost, reliable power in U.S. markets that favor digital infrastructure development [7]. - By integrating strategic power access with modular infrastructure deployment, BlockchAIn aims to enhance capital efficiency and speed in generating revenue from AI infrastructure [8][9]. Management Insights - BlockchAIn's management emphasizes that modular deployment improves the economics and execution of data center development, particularly for high-density AI and HPC workloads [10]. - The collaboration with PDM is expected to strengthen BlockchAIn's supply chain for critical electrical equipment, thereby reducing development risks and accelerating deployment [10]. Company Background - BlockchAIn LLC focuses on developing digital infrastructure for HPC and AI hosting, with planned expansions set for 2026 and 2027 [11]. - In 2024, BlockchAIn LLC's existing data center facility in South Carolina generated approximately $22.9 million in revenue and $5.7 million in net income [11].