[Edaily Reporter Lee Jeong Hun ] SGA Co.,Ltd(049470), a KOSDAQ-listed company and a leading domestic Bitcoin treasury firm, announced on the 25th that it has signed a Memorandum of Understanding (MOU) with NeoAI Cloud to jointly pursue the design and construction of domestic artificial intelligence data centers (AIDCs) and AI infrastructure projects.

The signing ceremony, held at BITPLANET’s headquarters in Yongsan-gu, Seoul, was attended by key officials including Kim Ki-seok, Vice President of BITPLANET, and Cho Yong-wan, CEO of NeoAI Cloud. This agreement is intended to enable BITPLANET and NeoAI Cloud to jointly pursue the design, construction, and operation of domestic AIDCs and AI infrastructure projects, marking the starting point for combining the two companies’ core competencies to achieve tangible business results.

NeoAI Cloud is a specialized company with technical expertise ranging from securing AIDC sites and building power infrastructure to obtaining construction permits, designing data centers, and building and operating AI and cloud infrastructure.

BITPLANET, leveraging the operational credibility of a publicly listed company and its network of domestic and international institutional investors, will participate in this project as a strategic partner of NeoAI Cloud. Specifically, it will be responsible for managing client acquisition channels, overseeing the project, attracting domestic and international investment, and designing project financing (PF) structures.

Currently, in the domestic AI infrastructure market, demand for GPU computing resources is exploding, driven primarily by global Big Tech companies and major domestic platform firms; however, there remains a shortage of high-density, high-efficiency data center infrastructure capable of accommodating this demand. The two companies plan to directly address this market gap.

From a technical perspective, the companies plan to apply design standards specific to AIDCs, including the construction of high-density GPU clustering infrastructure to accommodate next-generation GPUs, as well as liquid cooling systems and Power Usage Effectiveness (PUE) optimization. They will also work in parallel to secure a stable power supply structure through connections to high-voltage substations.

In terms of business structure, the companies plan to negotiate off-take agreements with domestic and international companies and institutions that have demand for cloud and computing resources, while simultaneously establishing special-purpose companies (SPCs) or joint ventures (JVs) for each project to gradually solidify investor recruitment and project financing (PF) structures. They will also actively seek to align with government and local government policies aimed at reducing electricity costs and supporting AI infrastructure investment.

Kim Ki-seok, Vice President of BITPLANET, stated, “This MOU goes beyond a simple declaration of cooperation; it is a strategic partnership aimed at achieving tangible business results in the domestic AI infrastructure market.” He added, “By combining BITPLANET’s business operations capabilities and investment network with NeoAICloud’s data center technology, we will proactively respond to the rapidly growing demand for AI infrastructure.”

Going forward, the two companies plan to sign business agreements for individual projects and sequentially finalize specific business structures. During this process, they intend to broadly explore collaboration opportunities with potential domestic and international clients, including major domestic platform companies as well as global AI developers seeking to secure AI infrastructure in Korea. BITPLANET plans to position its AI infrastructure business as a core growth engine for the future and continuously expand its collaboration network with major domestic and international clients and global partners.