1606 Corp., a publicly traded company focused on building next-generation data center infrastructure powered by captive energy assets, has filed its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission. The filing reflects a pivotal year for the company, marked by significant progress in repositioning 1606 Corp. into a scalable platform at the intersection of energy and data infrastructure. This strategic shift aligns with surging demand from AI and high-performance computing sectors, positioning the company to capitalize on power-constrained data center opportunities.
Key developments from 2025 and early 2026 include the execution of a flagship acquisition strategy. The company signed a Purchase and Sale Agreement for a 132-acre site featuring a power generation asset and a 50,000 square foot data center-ready facility, establishing the foundation for a scalable infrastructure platform. Additionally, 1606 Corp. has entered into a non-binding Letter of Intent with Sim Agro Inc. to support power plant operations and has formally engaged Moody to support capital markets strategy, financing initiatives, and transaction execution as the company advances toward closing and development.
The company's model leverages captive power advantage, with on-site power generation positioned to deliver reliable, cost-efficient energy directly to data center clients. This approach is designed to attract customers seeking integrated power and lease solutions. 1606 Corp. remains fully reporting and current with its SEC filings, demonstrating a foundation for 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, as 1606 Corp. moves into 2026, the company is focused on closing its previously announced acquisition, advancing development plans, and scaling its power-backed data center model. Management believes this approach, if successfully executed, has the potential to support a high-margin, infrastructure-driven business. The latest news and updates relating to the company are available in its newsroom at https://tinyurl.com/cbdwnewsroom.
