BlockchAIn CEO says focus is to execute against strategy as public company

BlockchAIn (AIB) CEO Jerry Tang issued a letter to shareholders, which read in part, “With our public listing now complete, our focus is clear: execute against our strategy as a public company and continue building BlockchAIn into a scalable digital infrastructure platform purpose-built for artificial intelligence and high-performance computing workloads. Over the past several weeks, we announced a number of developments that underscore where BlockchAIn stands today and where we are headed next. These milestones reflect a company with an existing operating foundation, growing commercial momentum, and a strategy centered on power, infrastructure, and disciplined execution. BlockchAIn enters this next phase with an existing 40 MW operating data center campus in South Carolina that generated approximately $22.9M in revenue and approximately $5.7M in net income in 2024. This operating base is important because it shows that BlockchAIn is building from an established foundation as it pursues the broader opportunity in AI and HPC infrastructure. It is also important to be clear about what BlockchAIn is and what it is not. Our focus is on digital infrastructure, specifically developing and operating hosting capacity for AI, HPC, and other data-intensive workloads. Our model is centered on securing reliable power, deploying infrastructure efficiently, and providing customers with the environment they need to operate compute hardware at scale…As we move forward as a public company, our priorities are clear: execute on our commercial opportunities, communicate consistently with investors, and build BlockchAIn with discipline. As of the date of this letter, the Company has 37,629,058 shares outstanding, of which approximately 4.4 million are currently freely trading. In the near term, we are focused on advancing our announced opportunities, working toward definitive agreements where appropriate, and providing investors with additional detail through our upcoming FY2025 earnings results. Following earnings, we also plan to host a virtual webinar to provide a deeper review of the business, recent developments, and our strategic priorities going forward. We believe BlockchAIn is well positioned to benefit from growing demand for AI infrastructure, particularly at a time when access to power, electrical equipment, and deployment-ready capacity remains constrained. Our objective is to convert these market conditions into a disciplined, repeatable hosting and infrastructure model for AI and HPC workloads that supports long-term shareholder value creation.”