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BlockchAIn Signs LOI for 20 MW AI Infrastructure Deployment, Over $400 Million in Contract Value Over Initial Term
New York, NY, March 17, 2026 (GLOBE NEWSWIRE) -- BlockchAIn Digital Infrastructure, Inc. (NYSE American: AIB) (“BlockchAIn” or the “Company”), a developer and operator of digital infrastructure focused on artificial intelligence (“AI”) and high-performance computing (“HPC”) workloads, and who recently completed its previously announced business combination with Signing Day Sports, Inc. (NYSE American: SGN) today announced it has entered into a non-binding letter of intent (“LOI”) with a global c
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[{"type":"text","content":"New York, NY, March 17, 2026 (GLOBE NEWSWIRE) -- BlockchAIn Digital Infrastructure, Inc. (NYSE American: AIB) (“BlockchAIn” or the “Company”), a developer and operator of digital infrastructure focused on artificial intelligence (“AI”) and high-performance computing (“HPC”) workloads, and who recently completed its previously announced business combination with Signing Day Sports, Inc. (NYSE American: SGN) today announced it has entered into a non-binding letter of intent (“LOI”) with a global cloud infrastructure provider for a build-to-suit data center lease in the CLT data center market of the Southeastern U.S.","length":621,"tagName":"p"},{"type":"text","content":"The proposed facility is expected to support up to 20 megawatts of AI and high-performance computing capacity, further expanding BlockchAIn’s platform for next-generation compute infrastructure. The parties intend to negotiate a definitive lease agreement in due course for a purpose-built data center facility designed to support AI and HPC workloads.","length":352,"tagName":"p"},{"type":"text","content":"Upon execution of definitive documentation, the project would represent over $400 million in total contract value (“TCV”) over the initial 10-year lease term, with potential aggregate TCV of approximately $1.2 billion including two seven-year renewal options, assuming continued operation over the full potential lease period.","length":326,"tagName":"p"},{"type":"text","content":"The project is expected to include a one-story core-and-shell building of approximately 46,550 square feet constructed on approximately 4.4 acres. The facility is expected to incorporate dedicated office and administrative space alongside one or more data halls engineered to support up to 20 megawatts (“MW”) of IT capacity.","length":325,"tagName":"p"},{"type":"text","content":""On the back of the $100 Million, 5 MW AI Infrastructure Deployment we announced last week, securing an additional 20 MW build-to-suit commitment with a global cloud infrastructure provider validates the development model we have been building toward — purpose-built facilities, disciplined capital deployment, and the ability to move from LOI to construction-ready on an accelerated timeline.” said Jerry Tang, Chief Executive Officer of BlockchAIn. “Today marks the first day of trading for BlockchAIn on the NYSE A...