Blockfusion and Blue Acquisition Corp. Announce LOIs for Anchor Lease with a Leading AI Customer and $175 Million Convertible Note Financing and Non-Redemption Agreement, and Advancement of Planned Expansion of Niagara Falls Campus
Blockfusion USA and Blue Acquisition Corp. announced non-binding letters of intent for a 15-year, take-or-pay anchor lease of up to 300 MW with a leading AI customer at Blockfusion's Niagara Falls data center campus, complemented by a $175 million convertible note financing and non-redemption agreement. These moves support capitalizing and expandin…