C2 Blockchain, Inc. (OTC:CBLO) Signs LOI to Acquire 20% Equity Interest in Texas Digital Infrastructure Project Owned by A.R.T. Digital (OTC:CGAC)
C2 Blockchain (OTC:CBLO) has signed a Letter of Intent to acquire a 20% equity stake in the McAllen Project, a digital infrastructure facility owned by A.R.T. Digital Holdings (OTC:CGAC), for $1 million.
The Texas-based facility currently operates with 10 megawatts (MW) capacity, expandable to 30 MW, and focuses on blockchain mining, AI workloads, and data processing. The facility generates revenue through proprietary compute operations, client hosting, and compute leasing.
The transaction will be structured as a direct equity acquisition in the project's Special Purpose Vehicle (SPV), with the option for payment in multiple tranches over 90 days. The parties expect to complete due diligence and execute definitive agreements within 30 business days.
C2 Blockchain (OTC:CBLO) ha firmato una Lettera di Intenti per acquisire una quota azionaria del 20% nel Progetto McAllen, una struttura di infrastruttura digitale di proprietà di A.R.T. Digital Holdings (OTC:CGAC), per un importo di 1 milione di dollari.
La struttura con sede in Texas attualmente opera con una capacità di 10 megawatt (MW), espandibile fino a 30 MW, e si concentra su mining blockchain, carichi di lavoro di intelligenza artificiale e elaborazione dati. La struttura genera ricavi attraverso operazioni di calcolo proprietarie, hosting per clienti e noleggio di capacità di calcolo.
La transazione sarà strutturata come un'acquisizione diretta di capitale nel veicolo a scopo speciale (SPV) del progetto, con l'opzione di pagamento in più tranche entro 90 giorni. Le parti prevedono di completare la due diligence ed eseguire gli accordi definitivi entro 30 giorni lavorativi.
C2 Blockchain (OTC:CBLO) ha firmado una Carta de Intención para adquirir una participación accionaria del 20% en el Proyecto McAllen, una instalación de infraestructura digital propiedad de A.R.T. Digital Holdings (OTC:CGAC), por 1 millón de dólares.
La instalación con sede en Texas opera actualmente con una capacidad de 10 megavatios (MW), ampliable a 30 MW, y se enfoca en minería de blockchain, cargas de trabajo de IA y procesamiento de datos. La instalación genera ingresos a través de operaciones propias de computación, alojamiento para clientes y arrendamiento de capacidad de computación.
La transacción se estructurará como una adquisición directa de acciones en el vehículo de propósito especial (SPV) del proyecto, con opción de pago en varias cuotas durante 90 días. Las partes esperan completar la debida diligencia y ejecutar acuerdos definitivos en un plazo de 30 días hábiles.
C2 Blockchain (OTC:CBLO)는 A.R.T. Digital Holdings (OTC:CGAC)가 소유한 디지털 인프라 시설인 McAllen 프로젝트의 20% 지분을 100만 달러에 인수하기 위한 의향서를 체결했습니다.
텍사스에 위치한 이 시설은 현재 10메가와트(MW) 용량으로 운영 중이며, 30MW까지 확장 가능하며, 블록체인 채굴, AI 작업 부하 및 데이터 처리에 중점을 두고 있습니다. 이 시설은 자체 컴퓨팅 운영, 고객 호스팅 및 컴퓨팅 임대를 통해 수익을 창출합니다.
거래는 프로젝트 특수목적법인(SPV)의 직접 지분 인수 형태로 구조화되며, 90일 동안 여러 차례 분할 지급 옵션이 있습니다. 양측은 30영업일 내에 실사를 완료하고 최종 계약을 체결할 예정입니다.
C2 Blockchain (OTC:CBLO) a signé une lettre d'intention pour acquérir une participation de 20% dans le projet McAllen, une installation d'infrastructure numérique détenue par A.R.T. Digital Holdings (OTC:CGAC), pour 1 million de dollars.
L'installation basée au Texas fonctionne actuellement avec une capacité de 10 mégawatts (MW), extensible à 30 MW, et se concentre sur le minage de blockchain, les charges de travail en IA et le traitement des données. L'installation génère des revenus grâce à des opérations de calcul propriétaires, l'hébergement client et la location de capacité de calcul.
La transaction sera structurée comme une acquisition directe de participation dans le véhicule à but spécial (SPV) du projet, avec une option de paiement en plusieurs tranches sur 90 jours. Les parties prévoient de terminer la due diligence et de signer les accords définitifs dans les 30 jours ouvrables.
C2 Blockchain (OTC:CBLO) hat eine Absichtserklärung unterzeichnet, um einen 20%igen Anteil am McAllen-Projekt, einer digitalen Infrastruktur-Einrichtung im Besitz von A.R.T. Digital Holdings (OTC:CGAC), für 1 Million US-Dollar zu erwerben.
Die in Texas ansässige Einrichtung verfügt derzeit über eine Kapazität von 10 Megawatt (MW), erweiterbar auf 30 MW, und konzentriert sich auf Blockchain-Mining, KI-Arbeitslasten und Datenverarbeitung. Die Einrichtung generiert Einnahmen durch proprietäre Rechenoperationen, Kundenhosting und Rechenleasing.
Die Transaktion wird als direkter Eigenkapitalerwerb an der Zweckgesellschaft (SPV) des Projekts strukturiert, mit der Option auf Zahlung in mehreren Tranchen über 90 Tage. Die Parteien erwarten, die Due Diligence innerhalb von 30 Geschäftstagen abzuschließen und endgültige Vereinbarungen zu unterzeichnen.
- Strategic acquisition valued at $1 million provides immediate entry into digital infrastructure sector
- Facility has significant expansion potential from 10MW to 30MW capacity
- Diversified revenue streams from blockchain mining, AI compute, and data processing
- Access to low-cost Texas energy grid with renewable energy options
- Pro-business regulatory environment in Texas location
- Investment represents minority stake (20%) with limited control
- Transaction still subject to due diligence and final agreements
- Payment structure may extend over 90 days, indicating potential capital constraints
MIAMI BEACH, FL / ACCESS Newswire / July 2, 2025 / C2 Blockchain, Inc. (OTCID:CBLO) is pleased to announce the execution of a Letter of Intent (LOI) with A.R.T. Digital Holdings Corp. (OTCID:CGAC) to acquire a
The McAllen Project is a strategically positioned digital infrastructure asset designed to support high-density compute applications, including blockchain mining, AI workloads, and advanced data processing. The facility currently features 10 megawatts (MW) of operational capacity with expansion potential to 30 megawatts (MW), underpinned by access to low-cost, reliable Texas energy grids with renewable energy optionality.
This acquisition strengthens C2 Blockchain's position within the digital infrastructure sector and reflects the company's commitment to scaling alongside the growing demand for blockchain validation, AI compute, and high-performance data processing.
"This strategic investment marks a significant step in C2 Blockchain's infrastructure growth strategy. The McAllen Project is a premium compute facility in a premier energy market, offering long-term value in blockchain and AI sectors," said Levi Y. Jacobson, Chief Executive Officer of C2 Blockchain, Inc. "Partnering with A.R.T. Digital positions us to directly participate in the scaling compute economy."
The McAllen Project generates revenue through a diversified model, including proprietary compute operations, client hosting, and compute leasing, enabling exposure to both blockchain and AI-driven demand curves. Its location offers key advantages, including cost-effective power, grid stability, and a pro-business regulatory environment in Texas.
Under the terms of the LOI, C2 Blockchain's investment will be structured as a direct equity acquisition in the project's Special Purpose Vehicle (SPV). The purchase may be completed as a lump sum or via multiple tranches over a 90-day period, with extension options upon mutual agreement.
"This agreement reflects our shared commitment to delivering scalable and sustainable digital infrastructure," stated Logan William Rice, Chief Financial Officer of A.R.T. Digital Holdings Corp. "We are pleased to welcome C2 Blockchain as an equity partner in the McAllen Project as we expand operations and meet the accelerating demands of AI, blockchain, and next-gen compute workloads."
The parties anticipate completing final due diligence and executing definitive transaction agreements within 30 business days of signing the LOI.
About A.R.T. Digital Holdings Corp. (OTC:CGAC)
A.R.T. Digital Holdings Corp. (OTC:CGAC) is a diversified digital infrastructure company focused on designing, developing, and operating next-generation compute facilities. Its infrastructure assets serve blockchain networks, AI workloads, and large-scale data processing needs. A.R.T. Digital's mission is to deliver scalable, efficient, and sustainable digital infrastructure that supports the evolving demands of the digital economy.
About C2 Blockchain, Inc. (OTC:CBLO)
C2 Blockchain, Inc. is a digital asset and blockchain infrastructure company focused on building shareholder value through strategic investments in blockchain ecosystems, digital asset reserves, and mission-critical compute infrastructure. The company's mission is to leverage its balance sheet into high-conviction blockchain, AI, and compute-driven opportunities.
For more information, visit: https://c2blockchain.com
Investor & Media Contact: info@c2blockchain.com
Safe Harbor Statement
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SOURCE: C2 Blockchain Inc
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