BlockchAIn Digital Infrastructure owns and operates a single data center in Spartanburg County, South Carolina, through its primary subsidiary One Blockchain. The 40 MW facility sits on 17.6 acres and provides colocation hosting services — power, cooling, and physical infrastructure — to customers running compute-intensive workloads who bring their own servers. The company charges customers a per-kWh fee for power and hosting services, and its core margin is driven by the spread between its own electricity cost and the hosting rate it charges. Historically, the customer base consisted almost entirely of Bitcoin miners, including Blue Ridge Digital Mining, a company controlled by the CEO. The company is now pivoting toward AI and high-performance computing customers, which require higher power density and advanced cooling but may support higher hosting fees. Revenue is highly concentrated: roughly 93% of FY2025 revenue came from just three customers. The company's growth strategy centers on expanding the South Carolina facility to 50 MW, developing a 25 MW AI-focused greenfield data center in Minnesota, and building out a broader U.S. pipeline with roughly 200 MW of power optionality across multiple states. The company has also signed two non-binding letters of intent with global cloud providers for build-to-suit leases representing a combined 25 MW. The company operates with a three-person employee base and relies on a third-party management services firm, Tiger Cloud, for operations.
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