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Stock impact report

BTCT Announces Strategic Expansion of Bitcoin Mining Projects in the Southeastern United States, Committed to Driving Sustainable Development

BTC Digital Ltd. - Ordinary Shares (BTCT) 
Company Research Source: PR Newswire
SINGAPORE, Nov. 26, 2024 /PRNewswire/ -- BTC Digital Ltd. ("BTCT"or the "Company") (NASDAQ: BTCT), a global leader in Bitcoin (BTC) mining, announced today that it is actively seeking business opportunities in Arkansas, Tennessee, Georgia, and Missouri to further expand the scale and number of its mining facilities. This initiative aims to meet the growing computational power demands of both the company and the market while fulfilling its strategic commitment to sustainability.BTCT is exploring various approaches, including building new facilities, acquiring existing mines, and forming strategic joint ventures with local businesses or institutions, to achieve a stable, long-term, and sustainable energy supply. The Company expects that these measures will not only strengthen BTCT's market position in the Bitcoin mining sector but also help the Company build a forward-looking and competitive computational power ecosystem."We understand that stable, reliable, and green energy supply is t Show less Read more
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