Completed Business Combination and Began Trading on NYSE American Under Ticker Symbol "AIB" on March 17, 2026
Existing 40MW Operating Data Center Provides Revenue-Generating Base as Company Advances Growth Plan
Over $500 Million in Potential Contract Value Pending Execution of Definitive Agreements
Company to Host First Virtual Webinar in April 2026 to Discuss Financial Results and Growth Strategy
NEW YORK, March 31, 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, today reported financial results for the fiscal year ended December 31, 2025, and highlighted recent commercial and strategic developments.
On March 16, 2026, the Company completed its previously announced business combination with Signing Day Sports, Inc., and commenced trading on the NYSE American on March 17, 2026 under the ticker symbol "AIB". The listing comes at a favorable time for the Company, as demand for AI and HPC infrastructure continues to accelerate while access to power, electrical equipment, and deployment-ready facilities remains constrained across the market. In this environment, management believes sites with secured power, expansion potential, and a path to near-term deployment are becoming increasingly valuable.
"2025 and 2026 to date have been foundational for BlockchAIn, and the milestones we announced in recent weeks reflect how quickly the Company is beginning to take shape in the public markets," said Jerry Tang, Chief Executive Officer of BlockchAIn. "Our public listing on March 17 marked the beginning of a new chapter for the business. We believe we are entering that chapter with the right pieces in place: an operating 40 MW data center campus in South Carolina, a documented 200 MW power pipeline, a path to expand our existing site, a planned AI-focused site in Minnesota, and a strategy built around converting power-secured locations into AI-ready digital infrastructure.
"The market opportunity in front of us is compelling. Demand for AI and HPC infrastructure is being driven by a combination of enterprise adoption, next-generation model development, cloud expansion, and the rising compute intensity of modern workloads. At the same time, the industry continues to face bottlenecks in available power, long lead times for critical electrical equipment, and limited deployment-ready capacity. In that environment, we believe platforms that can secure power, align supply chain resources, and bring capacity online quickly and efficiently are positioned to capture meaningful opportunities.
"Our recently announced 5 MW and 20 MW letters of intent are significant because they demonstrate commercial interest in the platform we are building at a very early stage in our life as a public company. If converted into definitive agreements, these opportunities represent more than $500 million in expected initial contract value and would validate our development model across both enterprise and cloud-oriented customers.
"Just as important, our collaboration with Supermicro and our relationship with Power and Data Management strengthen two of the most important parts of the value chain: access to high-density compute hardware and access to critical electrical infrastructure. Combined with our modular deployment strategy, we believe these relationships can help us move faster, reduce execution risk, and better position BlockchAIn to participate in the long-term buildout of AI and HPC infrastructure."
2026 Outlook
The Company believes it is entering the public markets at a favorable time, as demand for AI and HPC infrastructure continues to accelerate while access to power, electrical equipment, and deployment-ready data center capacity remains constrained across the market.
Near-term priorities include progressing the Company's recently announced LOIs toward definitive agreements, advancing the planned expansion of its South Carolina campus from 40 MW to 50 MW, subject to a new electric service agreement and related approvals, and continuing development work on its planned 25 MW AI-focused data center site in Minnesota. If the Company's recently announced 5 MW and 20 MW letters of intent are converted into definitive agreements, management expects these projects to begin generating contracted revenue in early 2027.
Management remains focused on expanding AI-ready infrastructure capacity, strengthening supply chain relationships across compute hardware and critical electrical infrastructure, and executing with discipline as a newly public company.
As of March 26, 2026, the Company had 37,629,068 shares issued and outstanding.
Growth Strategy and Capital Plan
The Company's growth strategy is centered on a multi-site development pipeline targeting approximately 715 MW of total capacity across digital mining and AI facility classes, supported by a capital plan designed to fund approximately $9.9 billion in total development CapEx over the 2026--2030 period. The Company intends to fund development through a combination of project-level debt and privately placed equity, with the Company acting as developer and general partner, retaining an economic interest through management fees and a promoted interest in the value created across the portfolio. Management believes this GP/LP structure enables the Company to scale its infrastructure platform while limiting dilution to existing shareholders.
FY 2025 and Subsequent Highlights
-- Maintained an operating foundation at its existing 40 MW data center
campus in South Carolina, with a path to expand the site to 50 MW,
subject to entering into a new electric service agreement and related
approvals.
-- Continued to advance a broader development strategy supported by
documented 200 MW power pipeline, including a planned 25 MW AI-focused
data center site in Minnesota. This represents a 5x expansion in secured
power.
-- Continued advancing the Company's modular AI data center strategy, which
is designed to convert power-secured sites into AI-ready digital
infrastructure through a standardized, scalable deployment model.
-- Announced a non-binding letter of intent for a 5 MW AI infrastructure
deployment with an international private equity firm. Upon execution of a
definitive agreement, the project is expected to represent more than $100
million in total contract value over the initial 10-year term, with
potential aggregate contract value of approximately $300 million
including two seven-year renewal options.
-- Announced a second non-binding letter of intent for a 20 MW build-to-suit
data center lease with a global cloud infrastructure provider in the
Southeastern United States. Upon execution of definitive documentation,
the project is expected to represent more than $400 million in total
contract value over the initial 10-year lease term, with additional
upside if renewal options are exercised.
-- Together, the two recently announced LOIs represent 25 MW of prospective
AI and HPC capacity and more than $500 million in expected initial
contract value, if definitive agreements are executed.
-- Completed the previously announced business combination with Signing Day
Sports, Inc. on March 16, 2026, and commenced trading on the NYSE
American under the ticker symbol "AIB" on March 17, 2026.
-- Expanded infrastructure readiness through its collaboration with Super
Micro Computer, Inc., intended to align power-secured facility
development with access to enterprise-grade, high-density compute
hardware for AI workloads.
-- Expanded infrastructure readiness through relationship with Power and
Data Management to support access to critical electrical infrastructure,
including transformers, substations, switchgear, and related power
distribution equipment. Management believes this relationship may support
a potentially multi-gigawatt development pipeline over time.
FY2025 Financial Highlights
-- Revenue totaled approximately $18.5 million, compared to approximately
$22.9 million in FY 2024.
-- Gross profit was approximately $3.5 million, compared to approximately
$8.2 million in FY 2024.
-- Net loss was approximately $0.8 million, compared to net income of
approximately $5.7 million in FY 2024.*
-- Adjusted EBITDA of $1.7 million, compared to $6.2M in FY 2024. The
decrease was largely driven by lower revenues and increases to cost of
revenue and professional services expenses.
-- Net cash provided by operating activities was approximately $2.3 million,
compared to approximately $9.1 million in FY 2024.
-- Cash and cash equivalents of $15,265, compared to $131,107 in FY 2024.
The Company received $1.3 million subsequent to the closing of the
business combination.
-- Total stockholders' equity was approximately $7.9 million, compared to
approximately $10.7 million in FY 2024.
*The Company noted that FY 2025 results reflected approximately $1.7 million in transaction-related expenses incurred in connection with the business combination.
Management believes these results should be viewed in the context of a business transitioning its customer base toward AI and HPC workloads and repositioning around higher-growth digital infrastructure opportunities while simultaneously completing its transition to the public markets.
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