BTCT Stock Soars as Georgia Mining Project Nears Deployment
BTCT stock surged to its highest level in 2026 after the company announced that its Georgia cryptocurrency mining project was nearing deployment. The facility is planned to support about 900,000 TH/s of theoretical processing power when fully operational.
The company expects to deploy mining machines and commence operations within two months, given the existing power interconnection and progress toward pre-deployment. This figure assumes full deployment of its planned configuration of high-efficiency machines and that the actual number of machines installed will depend on various factors such as energization, machine models, network issues, and digital asset values.
The facility's theoretical processing power would represent roughly 0.1% of the Bitcoin network, which is currently running near 900 EH/s. The company's dual-engine strategy combines AI computer infrastructure and cryptocurrency mining, providing a foundation for reuse in power procurement, data center building, and equipment deployment.