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C2 Blockchain signs LOI to acquire 20% equity interest in Texas digital infrastructure project
Khanchit Khirisutchalual
C2 Blockchain (OTCPK:CBLO) announced the execution of a letter of intent with A.R.T. Digital Holdings to acquire a 20% equity interest in the McAllen Project, a digital infrastructure facility located in McAllen, Texas.
The transaction is valued at $1 million.
“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.
More on C2 Blockchain, Inc.
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