BlockchAIn Digital Infrastructure, Inc. 8-K

What Happened

• On May 27, 2026, One Blockchain, LLC, a subsidiary of BlockchAIn Digital Infrastructure, entered a 15‑year Electric Service Agreement with a local utility to deliver electric power to the company’s flagship CLT01 data center campus. The new agreement replaces the existing contract that expires September 30, 2026, and service under the new agreement will begin October 1, 2026, with initial delivery targeted for December 15, 2026.

Key Details

• Up to 65,000 kilovolt‑amperes (kVA) of three‑phase, 34,500‑volt power committed for CLT01.
• Minimum monthly demand charge of $400,000, with a deferral allowing $200,000 per month to accrue (no interest) until December 31, 2027 or until demand first reaches 40,000 kVA, whichever is earlier.
• Company must provide a security deposit equal to two months of maximum estimated billing (cash, surety bond, or letter of guarantee acceptable) and prepay a $250,000 infrastructure early termination fee (credited once service starts).
• Contract term is 15 years and is subject to the utility’s Rate Schedule I (Industrial) and applicable regulatory changes; agreement includes customary force majeure and operational provisions.

Why It Matters

• The agreement secures long‑term electric capacity for CLT01, supporting the company’s ability to operate and scale its flagship data center. Investors should note the fixed minimum demand charge creates a predictable recurring cost ($400,000/month) and potential near‑term cash relief via the $200,000 monthly deferral through 2027 or growth to 40,000 kVA.
• There are upfront capital considerations (security deposit and $250,000 prepayment) and rate exposure since charges are governed by the utility’s filed rate schedule and may change with regulatory updates. The company filed a redacted copy of the agreement with the 8‑K and furnished a press release announcing the deal.