Token Cat Enters Into Master Service Agreement With Better Now To Collaborate On Development And Operation Of AI Data Center Project

Token Cat Limited (NASDAQ:TC) (the "Company" or "TC") today announced that it has entered into a master service agreement with Better Now New York Inc. ("Better Now"), pursuant to which the two parties will collaborate on the development and operation of an artificial intelligence data center project. This cooperation marks an important step in the Company's expansion of its overseas data center resource footprint.

Under the terms of the agreement, the parties plan to advance an AI data center project in the United States based on approximately 30 megawatts (MW) of power capacity, to be implemented on a phased basis. As a key condition for the initial stage of the project, TC currently has access to approximately 12 MW of available power capacity in the United States, which is expected to support early-stage deployment and provide a foundation for future expansion.

In this collaboration, TC will participate in the overall project planning and funding arrangements and will provide support for data center construction and subsequent operations. Better Now will leverage its local resources in the United States to assist with project execution, including energy coordination, construction implementation, and related support services. Through a cooperative framework, the two parties aim to advance the project in accordance with the agreed plan.

The Company also stated that it will continue to prudently evaluate additional cooperation opportunities related to data centers and associated infrastructure in line with its strategic development objectives.