1606 Corp. has filed its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission, documenting a pivotal year in which the company repositioned its business toward building next-generation data center infrastructure powered by captive energy assets. The filing highlights the company's strategic shift to align with the surging demand from artificial intelligence and high-performance computing sectors, establishing a scalable platform at the intersection of energy and data infrastructure.
A key development in 2025 was the execution of the company's flagship acquisition strategy. 1606 Corp. signed a Purchase and Sale Agreement for a 132-acre site that includes a power generation asset and a 50,000 square foot data center-ready facility. This acquisition establishes the foundational asset for the company's scalable infrastructure platform. The company's model centers on the captive power advantage, where on-site power generation is positioned to deliver reliable, cost-efficient energy directly to data center clients, potentially attracting customers seeking integrated power and lease solutions.
To support its growth, 1606 Corp. has entered into a non-binding Letter of Intent with Sim Agro Inc. to potentially support power plant operations, though no definitive agreement has been finalized. The company has also formally engaged Moody to support its capital markets strategy, financing initiatives, and transaction execution as it advances toward closing the acquisition and subsequent development. As a fully reporting public company current with its SEC filings, 1606 Corp. maintains a foundation intended to support scalable growth and institutional engagement. The company's Annual Report on Form 10-K is available on the SEC's website at https://www.sec.gov.
"This 10-K reflects a transformational year for 1606 Corp.," said Austen Lambrecht, Chief Executive Officer of 1606 Corp. "We've repositioned the Company around one of the most compelling opportunities in today's market—power-constrained data center infrastructure. With a signed acquisition, a clear growth strategy, and strong positioning in the market, we believe we are building a platform capable of generating significant long-term value for our shareholders."
Looking ahead, the company is focused on closing its announced acquisition, advancing development plans, and scaling its power-backed data center model throughout 2026. Management believes this approach, if successfully executed, has the potential to support a high-margin, infrastructure-driven business. The company's strategic pivot comes as data center demand, particularly for AI applications, strains existing power grids, making models with dedicated, on-site generation increasingly attractive. The latest news and updates relating to the company are available in its newsroom at https://tinyurl.com/cbdwnewsroom.
