In the last trading session, Signing Day Sports, Inc. (NYSE: SGN) had a significant increase, closing at $2.43 after rising 15.71%. The spike comes after the business announced a big business growth project that included a strategic deal with BlockchAIn Digital Infrastructure, Inc., a recently established Delaware company.
A Smart Business Decision
In a move toward the planned merger, BlockchAIn quietly filed a draft registration statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC) last week. A final Business Combination Agreement (BCA) to purchase One Blockchain LLC, the operational subsidiary of BlockchAIn Digital Infrastructure, was announced earlier this year by Signing Day Sports.
The acquisition will form a new entity—BlockchAIn Digital Infrastructure, Inc. (“PubCo”)—under a holding company structure, with both One Blockchain and Signing Day Sports becoming its subsidiaries. The transaction was initially outlined in a non-binding letter of intent signed on April 14, 2025, and aims to position the combined company for listing on the NYSE American.
Operational and Financial Highlights of BlockchAIn DI
For 2024, BlockchAIn Digital Infrastructure reported a net income of around $5.7 million and audited sales of about $26.8 million. Subject to regulatory permissions, it now operates a 40 MW crypto mining hosting facility in South Carolina with ambitions to expand to 50 MW.
The company intends to transition from third-party hosting to internal cryptocurrency mining at this site by late 2025 or early 2026. In addition, BlockchAIn is developing a new 150 MW data hosting facility in Texas, focused on cryptocurrency mining, artificial intelligence, and high-performance computing (HPC), with grid interconnectivity planned for activation in late 2026.
Strategic Rationale and Future Outlook
Signing Day Sports considers the merger a transformative opportunity to expand its platform through integration with a scalable, technology-driven business. The transaction brings together complementary capabilities in sports media and digital infrastructure, with the potential to drive long-term shareholder value through diversification into crypto, AI, and HPC sectors, guided by experienced leadership under BlockchAIn DI’s Chairman and CEO Jerry Tang.
