Nixxy said it is negotiating directly with the Nakota project developer to procure the Nakota property.
The structure includes funding to secure permits and approvals, with a separate long-term definitive agreement under evaluation to acquire the entire project.
The new approach aims to increase Nixxy’s ownership stake in Nakota versus prior plans, positioning it as an AI infrastructure campus.
Previously disclosed Letter of Intent for the proposed Tachyon9 transaction expired, ending that process.
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