BTC Digital Ltd. Announces Georgia 10MW Cryptocurrency Computing Infrastructure Approaching Deployment Readiness

BTC Digital (NASDAQ: BTCT) reports that construction of its 10MW cryptocurrency computing infrastructure project in Georgia, United States, has been completed and is approaching deployment readiness.

Rhea-AI Summary

BTC Digital (NASDAQ: BTCT) reports that construction of its 10MW cryptocurrency computing infrastructure project in Georgia, United States, has been completed and is approaching deployment readiness. Based on current power interconnection and preparation progress, the company expects to be able to deploy high-performance mining machines and start digital asset mining operations within approximately two months.

The Georgia facility is designed to support up to about 900,000 TH/s (≈900 PH/s) of theoretical computing capacity at full deployment, assuming the planned configuration of high-efficiency mining machines. BTCT highlights this project as part of its “dual-engine” strategy, combining AI computing infrastructure development with continued growth of its cryptocurrency computing business.

Positive

• 10MW Georgia facility construction completed, approaching deployment readiness for mining operations
• Planned configuration designed to support up to 900,000 TH/s theoretical computing capacity at full deployment
• Project expected to enable deployment of high-performance mining machines within approximately two months
• Georgia site increases self-controlled U.S. infrastructure resources for BTCT’s cryptocurrency mining business
• “Dual-engine” strategy targets synergy between AI computing infrastructure and cryptocurrency computing operations

Negative

• Digital asset mining operations at the Georgia facility have not yet commenced, so related revenue impact is not realized
• Actual machine count, realized computing power and pace of operation will be dynamically adjusted based on market and network conditions
• Deployment timeline and operating scale remain dependent on power interconnection progress and other pre-deployment factors

Argus Aug 24 session 176 alerts

+52.63% close to close 23319.4x rel. volume Open Argus

Details

Market move: BTCT +52.63% in the Aug 24 session. 10MW cryptocurrency infrastructure deployment

+122.8% Peak Tracked

-2.5% Trough Tracked

$46.52M Market Cap

On Aug 24, the day this news came out, BTCT closed 52.63% above the previous close. Argus tracked a peak move of +122.8% during that session. Argus tracked a trough of -2.5% from its starting point during tracking. Our momentum scanner recorded 176 alerts for this stock that day. Relative volume reached 23319.4x the daily average during tracking.

Data tracked by StockTitan Argus for the Aug 24 session.

Key Figures

Deployment timeline: approximately two months Planned power capacity: 10 MW Theoretical computing capacity: approximately 900,000 TH/s +1 more

Deployment timeline

approximately two months

Expected period before mining-machine deployment readiness

Planned power capacity

10 MW

Georgia cryptocurrency computing facility

Theoretical computing capacity

approximately 900,000 TH/s

At full deployment of planned mining-machine configuration

Theoretical computing capacity

approximately 900 PH/s

Equivalent capacity stated for the 10MW facility

Previous Crypto Reports

5 past events · Latest: Oct 14

Same Type 5 events

1. Oct 14

   Mining infrastructure MOU

   24h Move

   +1.8%

   Signed MOU covering cryptocurrency mining, stablecoin payments, RWA initiatives, and blockchain services.

2. Sep 16

   Mining rig deployment

   24h Move

   +4.2%

   Completed partial upgrade deploying Antminer S21 Pro and L9 mining units.

3. Aug 05

   Meeting postponement

   24h Move

   -3.6%

   Postponed shareholder meeting because required quorum was not reached.

4. Aug 04

   Meeting postponement

   24h Move

   +10.4%

   Further postponed shareholder meeting due to continued lack of required quorum.

5. Aug 04

   Meeting correction

   24h Move

   +10.4%

   Corrected announcement reiterated meeting postponement and continued quorum deficiency.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

TH/s, PH/s, network difficulty, high-performance computing

4 terms

TH/s technical

"support up to approximately 900,000 TH/s of theoretical computing capacity"

th/s stands for terahashes per second, a measure of computing power used to solve the cryptographic puzzles that create new units in proof-of-work cryptocurrencies. For investors, it is like the speed of a factory assembly line: higher th/s means a miner or mining fleet can attempt more solutions per second, increasing potential coin production and revenue while also signalling network strength and mining difficulty trends that can affect profitability and asset value.

PH/s technical

"approximately 900 PH/s of theoretical computing capacity"

PH/s (petahashes per second) is a measure of computing power used in cryptocurrency mining that counts how many trillion billion (10^15) hash calculations a miner can perform each second—think of it as the number of lottery tickets a miner can buy per second in a race to solve cryptographic puzzles. Investors care because higher PH/s means greater chance to earn mining rewards and generate revenue, affecting profitability and competitive position in the mining industry.

network difficulty technical

"factors including energization progress, mining machine models and energy efficiency, network difficulty"

Network difficulty is a measure of how hard it is for computers on a proof-of-work blockchain to find the next valid block and earn the associated reward; it automatically adjusts as the total computing power on the network rises or falls. For investors, difficulty is important because higher difficulty means mining becomes more expensive and less profitable per unit of computing power, like raising the bar in a race so entrants need more resources to win, which affects miner margins, capital spending and the effective supply rate of newly created coins.

high-performance computing technical

"expansion into higher-value AI and high-performance computing infrastructure businesses"

A cluster of very powerful computers, special chips and fast networks designed to tackle huge, complex calculations far faster than a normal PC — like replacing a single delivery van with a synchronized fleet to move a city’s worth of packages. For investors, high-performance computing matters because it enables faster product development, more accurate simulations and data analysis, and new revenue streams for hardware, software and services, making firms that supply or use it potentially more competitive and scalable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Deployment of High-Performance Mining Machines Expected Within Approximately Two Months; Facility Designed to Support Up to Approximately 900,000 TH/s of Theoretical Computing Capacity at Full Deployment

SINGAPORE, Aug. 24, 2026 /PRNewswire/ -- BTC Digital Ltd. ("BTCT" or the "Company") (NASDAQ: BTCT), a Nasdaq-listed digital computing infrastructure company, today announced that construction of its cryptocurrency computing infrastructure project in Georgia, United States, has been completed and the project is now approaching deployment readiness. Based on the current power interconnection and pre-deployment preparation progress, the Company expects the project to reach a state within approximately the next two months in which it will be able to deploy high-performance cryptocurrency mining machines and commence digital asset mining operations.

The project has a planned power capacity of 10 megawatts ("MW") and represents an important component of BTCT's continued expansion of its computing infrastructure footprint in the United States. Based on the Company's current projections for its planned high-performance mining machine configuration and overall operating plan, the 10MW facility is designed to support up to approximately 900,000 TH/s (approximately 900 PH/s) of theoretical computing capacity, assuming full deployment of the Company's planned configuration of high-efficiency mining machines. The actual quantity of machines deployed, final realized computing power level and pace of operation will be dynamically adjusted based on factors including energization progress, mining machine models and energy efficiency, network difficulty, digital asset prices and overall market conditions.

BTCT is currently advancing a "dual-engine" development strategy. On one hand, the Company continues to advance its strategic transformation into an AI computing infrastructure service provider, building out its capabilities across high-performance computing infrastructure, data center construction and operation, and AI computing services. On the other hand, the Company will continue to sustain the ongoing development of its cryptocurrency computing business by constructing and operating high-quality computing infrastructure, deploying high-efficiency mining machines and optimizing operational efficiency, thereby further strengthening its business foundation in the digital asset infrastructure sector. The Company believes that its two core business lines share a strong basis for capability reuse and synergy across power resource procurement, data center development and construction, equipment deployment and operational management.

Once the Georgia project enters its operational phase, it will further increase the Company's self-controlled infrastructure resources in the United States and is expected to enhance the operating scale and asset efficiency of BTCT's cryptocurrency mining business. At the same time, the capabilities accumulated through this project in power infrastructure construction, data center operation and the deployment of high-density computing equipment will also provide a practical foundation for the Company's subsequent expansion into higher-value AI and high-performance computing infrastructure businesses.

BTCT's management commented, "Construction of the Georgia project has been completed, and the facility is approaching deployment readiness. We expect the project to reach a state within approximately the next two months in which we will be able to deploy high-performance mining machines and commence operations, after which we will progressively deploy such machines based on market conditions. At full deployment, the facility is designed to support up to approximately 900,000 TH/s of theoretical computing capacity, assuming deployment of our planned configuration of high-efficiency mining machines. At the same time, the Company will firmly advance its 'AI computing infrastructure plus cryptocurrency computing' dual-engine strategy: while actively developing our AI computing infrastructure service capabilities, we will continue to sustain the development of our cryptocurrency computing business, so as to fully leverage the Company's existing advantages in power resources, infrastructure construction and computing operations, and to build a more diversified and resilient business foundation for long-term growth."

About BTC Digital Ltd.

BTC Digital Ltd. is a digital computing infrastructure company with operations and strategic initiatives in blockchain infrastructure and AI computing infrastructure. The Company is currently engaged in businesses including cryptocurrency mining, mining farm construction, data center operation, and related business activities, while it is also advancing the development of AI computing infrastructure and related services in North America.

For more information, please visit: https://btct.us/

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

 

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SOURCE BTC Digital Ltd.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BTC Digital (NASDAQ: BTCT) announce about its Georgia 10MW cryptocurrency facility on August 24, 2026?

BTC Digital announced that construction of its 10MW cryptocurrency computing facility in Georgia, United States, has been completed and is approaching deployment readiness. According to BTC Digital, the project is expected to support high-performance mining machines and begin digital asset mining operations after final pre-deployment preparations.

When will BTC Digital’s Georgia 10MW crypto mining facility (BTCT) start operations?

BTC Digital expects the Georgia project to reach a state within approximately two months where it can deploy mining machines and commence operations. According to BTC Digital, this timing depends on current power interconnection progress and completion of remaining pre-deployment preparation activities.

What is the planned computing capacity of BTC Digital’s Georgia crypto infrastructure (BTCT)?

The 10MW Georgia facility is designed to support up to about 900,000 TH/s (approximately 900 PH/s) of theoretical computing capacity at full deployment. According to BTC Digital, this assumes full deployment of its planned configuration of high-efficiency cryptocurrency mining machines.

How does the Georgia 10MW project support BTC Digital’s dual-engine strategy for BTCT?

BTC Digital’s dual-engine strategy focuses on AI computing infrastructure and cryptocurrency computing. According to BTC Digital, the Georgia project builds capabilities in power infrastructure, data center operation and high-density computing deployment that can be reused for higher-value AI and high-performance computing infrastructure services.

How will BTC Digital decide the scale of mining operations at its Georgia facility (BTCT)?

BTC Digital plans to adjust the quantity of mining machines, realized computing power and pace of operation dynamically. According to BTC Digital, decisions will depend on energization progress, machine models and efficiency, network difficulty, digital asset prices and overall market conditions.

What impact will the Georgia 10MW facility have on BTC Digital’s U.S. infrastructure (BTCT)?

Once operational, the Georgia project is expected to increase BTC Digital’s self-controlled infrastructure resources in the United States. According to BTC Digital, this should enhance the operating scale and asset efficiency of its cryptocurrency mining business while supporting future AI computing infrastructure expansion.