BlockchAIn Enters LOI with Global Cloud Provider, Contract Value Over $400M
BlockchAIn 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 CLT data center market of the Southeastern U.S. The proposed facility is expected to support up to 20 MW egawatts 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. Upon execution of definitive documentation, the project would represent over $400M in total contract value over the initial 10-year lease term, with potential aggregate TCV of approximately $1.2B including two seven-year renewal options, assuming continued operation over the full potential lease period. BlockchAIn currently operates a 40 MW data center campus in South Carolina, which generated approximately $22.9M in revenue and approximately $5.7M in net income in 2024.
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- Merger Progress: Signing Day Sports and BlockchAIn received shareholder approval for their merger on March 13, 2026, with the transaction expected to close today, marking the integration of both companies as operating subsidiaries of BlockchAIn, enhancing resource consolidation and market competitiveness.
- Stock Trading Schedule: Signing Day Sports' common stock will continue trading on NYSE American under the ticker “SGN” until March 16, 2026, after which BlockchAIn's common stock is set to begin trading under “AIB” on March 17, 2026, providing investors with a clear trading timeline.
- Financial Performance Outlook: BlockchAIn plans to expand its AI data centers in 2026 and 2027, which is expected to significantly boost revenue; in 2024, its existing data center generated approximately $22.9 million in revenue and $5.7 million in net income, indicating strong market demand.
- Market Growth Potential: The CEO of BlockchAIn stated that the combined company is well-positioned to capitalize on the growing demand for AI and high-performance computing infrastructure, which is anticipated to drive future business growth and increase market share.






