Key Highlights

● Second-quarter Revenue was $2.92 million, down from $4.74 million a year earlier.

● The company de-energised substantially all bitcoin-mining hosting operations on 5 June 2026.

● It formed AIB CLT1 LLC to develop an approximately 65 megawatt AI campus.

● Cash reached $52.78 million at 30 June 2026 after a June public offering.

Latest verified development: the second-quarter 10-Q

AIB Data Centers Inc. (NYSE American:AIB) is a Delaware Holding Company that operates through its Subsidiary One Blockchain LLC, which runs a high-performance computing data centre in Spartanburg County, South Carolina. It was previously named BlockchAIn Digital Infrastructure, Inc., and changed its name on 25 June 2026. Its Form 10-Q for the quarter ended 30 June 2026 is the company's latest filing.

The shares began trading on NYSE American under the ticker AIB on 17 March 2026, after a Business combination with Signing Day Sports was completed on 16 March. That transaction left both One Blockchain and Signing Day Sports as wholly owned subsidiaries and produced Goodwill of about $23.9 million, which the filing describes as preliminary.

Revenue and losses

Second-quarter revenue was $2.92 million, down about 39% from $4.74 million in the second quarter of 2025. Revenue for the six months to 30 June was $7.83 million. The net loss for the quarter was $3.48 million and for the half year $3.75 million.

Only the last few weeks of the quarter were affected by the 5 June de-energisation, so the third quarter will be the first full test of the new revenue base. Subtracting the second quarter from the half-year totals implies first-quarter revenue of about $4.9 million and a first-quarter net loss of about $0.27 million. The loss therefore deepened sharply in the second quarter.

A pivot from Bitcoin hosting to AI capacity

On 5 June 2026 the company de-energised substantially all of its bitcoin-mining hosting operations. Management expects hosting revenue to decline significantly from the third quarter. On 23 June it formed AIB CLT1 LLC to develop an approximately 65 megawatt AI and high-performance computing campus, referred to as the CLT-01 Campus.

These are plans and corporate steps, not completed capacity or contracted revenue.

Cash from a public offering

Cash was $52.78 million at 30 June 2026, compared with just $15,265 at 31 December 2025. The change came mostly from a June 2026 public offering that raised net proceeds of about $58.97 million. Issuing shares on that scale increases the share count and dilutes existing holders.

The cash balance is roughly 18 times quarterly revenue of $2.9 million. The $52.77 million increase in cash is about $6.2 million less than the net offering proceeds, a gap consistent with cash being used elsewhere in the half year.

CLT-01 financing and the hosting decline

Cash of $52.78 million is large beside quarterly revenue of $2.92 million. The CLT-01 campus behind it remains a plan of about 65 megawatts, and the third quarter will show the hosting base without the energised Mining operations.