other_material
confidence high
sentiment positive
materiality 0.65
BluSky AI secures 9.3 MW solar power and 51.6-acre land lease for Utah data center
BLUSKY AI INC.
- Acquired exclusive right to 9.3 MW solar/grid power at $0.068/kWh for data center project in Milford, Utah.
- Issued 20 million restricted common shares to Digital Asset Management, LLC as consideration for the power commitment.
- Leased 51.6 acres in Milford, Utah from Wild Mustang Ventures LLC for two years at $90,000 annual base rent.
- Tenant has option to purchase the land; lease auto-extends if option not exercised 30 days before expiration.
- Power cost subject to change with Seller's cost; Buyer pays power company directly; liability remains with Seller.
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