BTCT Stock Rises 10.08% on Optimism and Infrastructure Expansion
BTC Digital Ltd's (BTCT) stock has seen significant gains, rising by 10.08% due to growing optimism in the cryptocurrency market.
The company's completion of a 10MW Georgia cryptocurrency computing facility is key to its expansion plans. This site will deploy high-performance mining machines and start digital asset mining within two months, with theoretical computing power up to about 900 PH/s at full deployment.
Additionally, BTCT has signed hosting and management agreements with Tianci Group Holding and Tianci International, adding a 3 MW phased crypto computing project and expanding the company's U.S. hosting footprint.
The company is also exploring an AI data center project in Vietnam, targeting up to 300 MW of planned power load over two years. This move positions BTCT at the intersection of Bitcoin mining, hosting services, and AI-ready computing infrastructure.