Signing Day announces BlockchAIn signs LOI for 5 MW AI infrastructure agreement

Signing Day Sports (SGN), in connection with the Company’s previously announced proposed business combination with One Blockchain, BlockchAIn Digital Infrastructure, and certain affiliates of BlockchAIn, announced that BlockchAIn has entered into a non-binding letter of intent, LOI, with an international private equity firm for a build-to-suit data center lease designed to support next-generation AI infrastructure deployments. BlockchAIn expects the proposed facility to support approximately 5 megawatts of IT capacity and that it will include a purpose-built core-and-shell data center building designed to support AI and high-performance computing workloads. BlockchAIn believes that the project would represent over $100 million in total contract value over the initial 10-year lease term, with potential aggregate TCV of approximately $300 million including two seven-year renewal options, assuming continued operation over the full potential lease period and subject to finalizing the definitive lease agreement.