According to ME News, on June 5 (UTC+8), Blockchain Digital Infrastructure, a U.S.-listed developer and operator of digital infrastructure, announced its plan to issue 33,333,334 shares of common stock at a price of $1.65 per share, raising approximately $55,000,000 in total. The proceeds will be used to support the construction of AI-hosted and high-performance computing digital infrastructure, capital expenditures, and general corporate purposes to drive business growth. (Source: ChainCatcher)
Blockchain Digital Infrastructure Plans $55M Equity Offering for AI Infrastructure
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Summary
Blockchain Digital Infrastructure, a participant in the digital asset market, announced on June 5 a planned equity offering of 33,333,334 ordinary shares at $1.65 per share, raising approximately $55 million. The funds will support AI hosting and high-performance computing infrastructure, capital expenditures, and general corporate purposes. Altcoins to watch may include projects with strong infrastructure backing.
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