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C2 Blockchain plans to acquire a 20% stake in McAllen's digital infrastructure and increase its holdings of 2,286,000 DOG Tokens.
PANews, July 3 news, the US-listed company C2 Blockchain announced that it has signed a Letter of Intent (LOI) with A.R.T. Digital Holdings Corp., planning to acquire 20% of the McAllen project for $1 million. The project supports high-density computing applications such as Blockchain Mining and AI computing, with a computing capacity of 10 megawatts and scalable to 30 megawatts. The transaction is expected to complete the final agreement signing within 30 working days. In addition, C2 Blockchain announced an acquisition of 2.286 million DOG tokens, bringing the total holdings to 5.912 million tokens, further advancing its publicly traded "vault-backed" meme coin reserve plan.