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1606 Corp. (OTC: CBDW) Surging on Acquisition to Build Captive Power Plants for AI Datacenters

11-20-2025 06:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

1606 Corp. (OTC: CBDW) Surging on Acquisition to Build Captive

Shares of 1606 Corp. (OTC: CBDW) soared 108% this week on massive trading volume, as investors reacted to the company's announcement that it has signed a Term Sheet to be acquired by Sim Agro Inc., a global power-infrastructure developer specializing in energy generation, captive power systems, and datacenter-grade energy assets. The stock posted one of its strongest sessions of the year, with technical indicators pointing to continued upward momentum.

The transaction - which positions Sim Agro to become a publicly traded company under the CBDW ticker - is being viewed by investors as a transformational leap into one of the fastest-growing markets in the world: energy infrastructure for AI and hyperscale datacenters.

A Market-Moving Deal: Captive Energy + AI Datacenters

The surge in CBDW comes as the company announced it signed an Acquisition Term Sheet with Sim Agro Inc., a privately held global power company with deep experience building, managing, and operating power-generation systems across India, Europe, South Korea, the Middle East, and the United States.

Under the Term Sheet:

* Sim Agro will acquire a controlling interest in CBDW
* The combined entity will pursue captive power assets built for AI and datacenter workloads
* Sim Agro will become publicly traded under the CBDW ticker after the acquisition
* The strategic plan includes developing AI-optimized power plants, microgrids, hybrid energy systems, and datacenter-ready infrastructure

Sim Agro also holds a first-right-of-refusal contract on a datacenter-capable warehouse, an operating power plant, and 100+ acres of expansion land, setting the stage for large-scale development.

Active Stocks Under 10 cents to Watch Today: Golden Triangle Ventures, Inc. (OTC: GTVH), UTime Ltd. (NASDAQ: WTO), Bonk, Inc. (NASDAQ: BNKK) and Clifton Mining (OTC: CFTN) all active in early trading sessions.

Why the Stock Exploded Higher

Investors are increasingly focused on companies that can deliver reliable, independent energy sources for AI, cloud computing, and digital infrastructure. With global AI workloads expected to more than double power demand by 2030, the market saw CBDW's move as a direct entry into a high-demand, high-margin, long-cycle industry.

"Sim Agro's experience in developing and operating power plants provides a strong foundation to support the next generation of data centers with reliable, efficient, and sustainable energy," said Austen Lambrecht, CEO of 1606 Corp. "Power is the lifeblood of datacenters. This positions 1606 Corp. to participate in a rapidly growing market."

The market reacted instantly:CBDW closed up 108%, with volume spiking to several multiples of its daily average, signaling institutional and algorithmic interest.

Traders noted:

* A breakout above key resistance levels
* A golden-cross formation confirmed intraday
* A strong upward channel, suggesting further continuation
* RSI momentum expanding without overbought exhaustion

With Sim Agro bringing proven power-asset expertise and CBDW becoming the public platform, investors are positioning ahead of what they see as a multi-year growth story in AI infrastructure power.

Sim Agro's Vision: Powering the Digital Economy

"By acquiring 1606 Corp., we gain a public-company platform to raise funds and execute our strategy of delivering reliable power for data centers," said Dr. Karthik Raghavan, PhD, President of Sim Agro. "Data centers are the backbone of the digital economy, and ensuring uninterrupted energy supply is essential for AI, machine learning, cloud services, and next-gen digital applications."

Sim Agro has identified several critical assets and intends to build captive power-generation facilities, along with partnered datacenter operations, engineered specifically for AI, HPC (high-performance computing), and hyperscale cloud environments. Captive energy also helps operators avoid reliance on congested public grids - a leading concern for hyperscalers moving into 2026-2030.

Forward Momentum: Outlook for CBDW

Following today's breakout move, analysts and momentum traders note:

* The announcement creates a public infrastructure vehicle in one of the fastest-growing global sectors
* Captive energy is becoming essential for large AI deployments
* CBDW is now positioned at the intersection of energy + AI + datacenters, a highly investable narrative
* Sim Agro's existing pipeline of power-asset opportunities offers significant near-term scalability
* A future uplisting is planned following the transaction

With volume expansion, heightened liquidity, and rising visibility across newswires and social platforms, the upward trend in CBDW is widely expected to continue, barring market-wide volatility. The Term Sheet is subject to due diligence, regulatory approval, and final agreements, with closing expected in the coming months. Post-transaction, the combined company will pursue the development of new power-generation assets, AI-focused datacenter infrastructure, and next-generation digital-economy energy solutions

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