SGN Announces BlockchAIn Has Signed LOI for 5 MW AI Infrastructure Deployment, Over $100 Million in Expected Contract Value During Initial Term

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].