BlockchAIn Digital Infrastructure, Inc.

BlockchAIn Digital Infrastructure, Inc. announced the closing of its underwritten public offering, selling 33,333,334 shares of common stock at $1.65 per share. This offering generated total gross proceeds of approximately $55 million. The company intends to utilize the net proceeds for working capital, capital expenditures to support business growth, and general corporate purposes. Additionally, the underwriter has been granted a 45-day option to purchase up to an extra 4,999,999 shares.

BlockchAIn Digital Infrastructure, Inc. announced the pricing of its underwritten public offering of 33,333,334 shares of common stock at $1.65 per share, aiming for total gross proceeds of approximately $55 million. The company intends to use the net proceeds for working capital, capital expenditures to grow its business, and general corporate purposes. Additionally, the underwriter has a 45-day option to purchase up to an extra 4,999,999 shares.

BlockchAIn Digital Infrastructure, Inc. filed an S-1 registration statement update, correcting the name of its independent registered accountant from Barton CPA PLLC to Berkowitz Pollack Brant Advisors + CPAs. The company also filed the consent of Barton CPA PLLC as a prior auditor for Signing Day Sports, Inc. The total expenses incurred in connection with this registration statement are $308,253, including $200,000 for legal fees and $75,000 for accountant's fees.

BlockchAIn Digital Infrastructure, Inc. (AIB) has filed an S-1 registration statement for a public offering of up to 16,620,498 shares of common stock, with an assumed price of $3.61 per share, potentially raising approximately $55.8 million in net proceeds. The offering also includes pre-funded warrants to manage ownership thresholds. The company intends to use the proceeds for working capital, capital expenditures, and general corporate purposes. Recent developments include the company's listing on the NYSE American in March 2026 and an expansion of utility power capacity at its CLT-01 site.

BlockchAIn Digital Infrastructure, Inc. announced that its subsidiary, One Blockchain, LLC, has entered into a 15-year Electric Service Agreement with a local utility provider. This agreement, effective October 1, 2026, will supply up to 65,000 kilovolt-amperes of electric power to the company's CLT01 data center campus, with initial delivery targeted for December 15, 2026. The deal replaces an existing agreement and ensures continuous power supply, expanding the contracted utility load from 40 MW to 65 MW to meet growing AI and high-performance computing demand. Key terms include a minimum monthly demand charge of $400,000 with a deferral mechanism, a security deposit, and an early termination fee.

BlockchAIn Digital Infrastructure, Inc. announced the appointment of Nicholas Ukachi as Project Manager, effective June 1, 2026. Mr. Ukachi brings over 16 years of data center project management experience, including hyperscale programs at Vantage Data Centers and enterprise builds at HP. He will support construction execution under Christopher Iannacone, Director of Construction Execution and former Amazon Director of Project Management, to advance the company's AI data center conversions targeting a 9-to-12-month delivery timeline. This strategic hire aims to accelerate the delivery of purpose-built AI data center capacity and improve market recognition for BlockchAIn.

BlockchAIn Digital Infrastructure, Inc. announced a 15-year Electric Service Agreement to expand its contracted utility load at the CLT-01 data center campus from 40 megawatts to 65 megawatts. This expanded capacity is immediately available through existing onsite infrastructure, requiring no significant electrical upgrades, and is crucial for meeting the growing demand from AI/HPC tenants. The company's customer pipeline includes letters of intent for 25 MW of critical IT load, and a new AI-optimized data center shell is expected to be completed within nine months.

BlockchAIn Digital Infrastructure, Inc. announced the appointment of Gary Heitz as Vice President of Sales, effective May 21, 2026. Mr. Heitz will lead the company's business development, focusing on client acquisition and capacity buyer engagement. He brings over 25 years of experience, including executing large-scale hyperscale deployments at Cologix and consistently exceeding sales quotas at Google. CEO Jerry Tang highlighted Heitz's proven track record in closing large deals and his enterprise relationships as key to accelerating BlockchAIn's pipeline and future growth.

BlockchAIn Digital Infrastructure, Inc. released an investor presentation detailing its strategy as a pure-play AI data center developer, highlighting a target pipeline of 395 MW by 2027 and current operational capacity of ~40 MW. The presentation also included Q1 2026 financial results, showing a 9% year-over-year revenue increase to $4.9 million and a tripling of operating cash flow to $1.3 million. However, gross margin compressed to 12% due to rising energy costs, leading to a negative adjusted EBITDA of $(0.2) million for the quarter.

BlockchAIn Digital Infrastructure, Inc. reported its first-quarter 2026 financial results, with revenue increasing 9% year-over-year to $4.9 million and net cash provided by operating activities more than tripling to $1.3 million. Stockholders' equity grew to $27.2 million following its business combination. The company also announced significant operational highlights, including strategic collaborations for AI infrastructure development and two non-binding Letters of Intent for potential AI infrastructure deployments totaling over $500 million in proposed initial 10-year total contract value. Despite higher energy procurement costs impacting gross margin and leading to a net loss of $0.3 million, management emphasized the resilience of its operating model and strategic focus on AI and HPC infrastructure.