Blockchain Digital Infrastructure plans to raise $55 million through a public share placement.
According to ChainCatcher, citing Globenewswire, Blockchain Digital Infrastructure, a US-listed developer and operator of digital infrastructure, announced plans to issue 33,333,334 shares of common stock, priced at $1.65 per share, raising a total of approximately $55,000,000. The funds will be used to support the construction of AI hosting and high-performance computing digital infrastructure, capital expenditures, and general corporate purposes to drive business growth.
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