A.R.T. Digital Holdings (OTC: CGAC) Secures Non-Dilutive Financing for George West Site Supporting NASDAQ: BTBT

Bee Cave, TX – June 16, 2025 – A.R.T. Digital Holdings Corp. (OTC: CGAC), a digital energy company focused on scalable compute and Bitcoin mining, is pleased to announce that it has secured project-level financing and executed significant infrastructure investments to accelerate development of its George West site in support of its hosting agreement with Bit Digital (NASDAQ: BTBT).

In addition to financing secured through a Special Purpose Vehicle (SPV)—ensuring no dilution to CGAC shareholders, A.R.T. Digital has completed more than $2.4 million in infrastructure purchases for the site’s buildout.

This includes:

8x Giga Box Air 40ft containers and 3x Giga Box Air 45ft containers from Giga Energy built for S21+ ASICs, with integrated switchboards, VFD-controlled cooling systems, PDUs, and network switches.
6x Giga Energy 3MVA Padmount Transformers, rated 12470D to 415Y/240, with 95kV/30kV BIL, to support high-density compute deployments and reliable energy distribution.

“This financing structure allows us to accelerate deployment without issuing additional equity, since all capital is raised at the SPV level,” said Logan Rice, CFO of A.R.T. Digital Holdings. “Simultaneously, we’re aligning with strategic partners like Giga Energy to standardize and scale infrastructure rapidly. Their containerized solutions are an essential part of our site-level buildout strategy.”

With equipment deliveries underway and containers en route, A.R.T. Digital is operating on an accelerated energization schedule to bring George West online to support Bit Digital’s expansion.

Further updates will follow as containers land and energization milestones are achieved.

Contact Us:

Logan W. Rice, CEO

A.R.T. Digital Holdings Corp.

+1 612-889-2418

social@artdigitalcorp.com

Visit us on social media:

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About A.R.T. Digital Holdings Corp.
A.R.T. Digital Holdings Corp. (OTC: CGAC) is a Bitcoin mining and digital energy company developing scalable infrastructure to convert electricity into monetizable compute. Its Kaboomracks division specializes in hardware, engineering, and logistics solutions for high-performance operations.

Forward-Looking Statements:

This current press release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future, including but not limited to any products sold or cash flow from operations.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release. We assume no obligation to update the forward-looking statements or the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations, or intentions will prove accurate. Investors should consult all of the information set forth herein. They should also refer to our most recent annual report for our last fiscal year, quarterly reports, and other periodic reports filed occasionally with the Securities and Exchange Commission.

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