BlockchAIn Secures 20 MW AI Data Center, Shares Surge 16%

BlockchAIn has secured a 20 MW AI data center lease in North Carolina, representing over $400 million in total contract value. The facility is expected to consist of a 46,550-square-foot building and operations are set to start nine months after signing the lease. This deal follows a separate $100 million, 5 MW AI infrastructure deployment announced last week. Shares of BlockchAIn were up over 16% in pre-market trading.