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C2 Blockchain, Inc. (OTC:CBLO) Signs LOI to Acquire 20% Equity Interest in Texas Digital Infrastructure Project Owned by A.R.T. Digital (OTC:CGAC)
C2 Blockchain, Inc. (OTC:CBLO) Signs LOI to Acquire 20% Equity Interest in Texas Digital Infrastructure Project Owned by A.R.T. Digital (OTC:CGAC).
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[{"type":"text","content":"\r\n\r\n \r\n \r\n C2 Blockchain, Inc. (OTC:CBLO) Signs LOI to Acquire 20% Equity Interest in Texas Digital Infrastructure Project Owned by A.R.T. Digital (OTC:CGAC)\r\n \r\n \r\n\r\n\r\nC2 Blockchain, Inc. (OTC:CBLO) Signs LOI to Acquire 20% Equity Interest in Texas Digital Infrastructure Project Owned by A.R.T. Digital (OTC:CGAC)\r\n\r\n\r\n\r\n\r\n\r\nMIAMI BEACH, FL / ACCESS Newswire / July 2, 2025 / C2 Blockchain, Inc. (OTCID:CBLO) is pleased to announce the execution of a Letter of Intent (LOI) with A.R.T. Digital Holdings Corp. (OTCID:CGAC) to acquire a 20% equity interest in the McAllen Project, a high-performance digital infrastructure facility located in McAllen, Texas. The transaction is valued at $1,000,000 USD.\r\n The McAllen Project is a strategically positioned digital infrastructure asset designed to support high-density compute applications, including blockchain mining, AI workloads, and advanced data processing. The facility currently features 10 megawatts (MW) of operational capacity with expansion potential to 30 megawatts (MW), underpinned by access to low-cost, reliable Texas energy grids with renewable energy optionality.\r\n This acquisition strengthens C2 Blockchain's position within the digital infrastructure sector and reflects the company's commitment to scaling alongside the growing demand for blockchain validation, AI compute, and high-performance data processing.\r\n \"This strategic investment marks a significant step in C2 Blockchain's infrastructure growth strategy. The McAllen Project is a premium compute facility in a premier energy market, offering long-term value in blockchain and AI sectors,\" said Levi Y. Jacobson, Chief Executive Officer of C2 Blockchain, Inc. \"Partnering with A.R.T. Digital positions us to directly participate in the scaling compute economy.\"\r\n The McAllen Project generates revenue through a diversified model, including proprietary compute operations, client hosting, and compute leasing, enabling exposure to both blockchain and AI-driven demand curves. Its location offers key advantages, including cost-effective power, grid stability, and a pro-business regulatory environment in Texas.\r\n Under the terms of the LOI, C2 Blockchain's investment will be structured as a direct equity acquisition in the project's Special Purpose Vehicle (SPV). The purchase may be comple...