BTC Digital Signs Three-Party MOU to Advance AI Data Center Project in Hai Phong, Vietnam

Rhea-AI Summary

BTC Digital (NASDAQ: BTCT) signed a three-party memorandum of understanding on August 20, 2026 with Nam Trang Cat Investment and Development Joint Stock Company and SG Partners to evaluate and prepare an artificial intelligence data center project in the Nam Trang Cat Industrial Park in Hai Phong, Vietnam.

According to BTC Digital, the industrial park covers about 2 million square meters and has a planned power load of approximately 300 MW, which would serve as the proposed project base. The MOU outlines phased work on feasibility, site and power-access verification, technical design, permitting, customer-demand validation, and financing and investment planning.

NTC is expected to coordinate locally and verify site and infrastructure conditions, BTC Digital to contribute digital-computing and international business expertise, and SGP to support investor and financing engagement. The cooperation period is two years, with an initial six-month exclusivity, while core commercial terms remain non-binding and subject to due diligence, approvals, financing and definitive agreements.

Positive

• Three-party MOU creates structured framework to evaluate Hai Phong AI data center project
• Proposed project base has planned power load of about 300 MW, according to NTC
• MOU grants an initial six-month exclusivity period for cooperation among the parties
• Cooperation supports BTC Digital’s AI computing infrastructure strategy and Southeast Asia evaluation

Negative

• Principal commercial arrangements under the MOU are non-binding and subject to due diligence and approvals
• Any investment, construction, power supply or customer contracts require definitive agreements before proceeding

Argus Aug 25 session 50 alerts

+14.94% close to close 7317.1x rel. volume Open Argus

Details

Market move: BTCT +14.94% in the Aug 25 session. AI data center partnership

+12.7% Peak Tracked

-9.9% Trough Tracked

$40.56M Mkt Cap at Peak Alert

On Aug 25, the day this news came out, BTCT closed 14.94% above the previous close. Argus tracked a peak move of +12.7% during that session. Argus tracked a trough of -9.9% from its starting point during tracking. Our momentum scanner recorded 50 alerts for this stock that day. Relative volume reached 7317.1x the daily average during tracking.

Data tracked by StockTitan Argus for the Aug 25 session.

Key Figures

MOU signing date: August 20, 2026 Industrial park area: 2 million square meters Planned power load: 300 MW +2 more

MOU signing date

August 20, 2026

Three-party MOU

Industrial park area

2 million square meters

Nam Trang Cat Industrial Park

Planned power load

300 MW

Nam Trang Cat Industrial Park

Cooperation period

2 years

MOU term

Exclusivity period

6 months

Initial MOU exclusivity

Previous Crypto,AI Reports

4 past events · Latest: Jul 29

Same Type 4 events

1. Jul 29

   Officer appointment

   24h Move

   +2.7%

   Appointed AI business growth officer to advance computing infrastructure strategy

2. Apr 24

   Infrastructure completion

   24h Move

   +3.1%

   Completed Georgia construction and launched phased AI infrastructure transformation

3. Apr 06

   Joint development agreement

   24h Move

   -2.5%

   Entered Canadian natural-gas-powered computing facility development agreement

4. Jan 27

   Strategic framework

   24h Move

   +2.0%

   Established framework targeting AI infrastructure and liquid-cooled data centers

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

Key Terms

memorandum of understanding, artificial intelligence data center

2 terms

memorandum of understanding financial

"signed a memorandum of understanding (the "MOU") on August 20, 2026"

A memorandum of understanding (MOU) is a formal agreement between two or more parties that outlines their shared intentions and plans to work together. It acts like a handshake in writing, clarifying each side’s roles and expectations before any official contract is signed. For investors, an MOU signals that parties are serious about collaboration, which can influence future business opportunities and potential growth.

artificial intelligence data center technical

"evaluate and prepare an artificial intelligence data center ("AIDC") project"

A facility built and operated to host the specialized computer hardware, networking and cooling systems used to train and run large artificial intelligence models. Think of it as a factory floor for heavy-duty AI computing: racks of GPU or accelerator servers, ultra-fast network links, and high-power electrical and cooling infrastructure. It matters to investors because these centers represent large, ongoing capital and operating costs and are a key bottleneck and revenue source for companies that sell, use or lease AI computing capacity.

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

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The framework covers site readiness, power access, technical planning and financing preparation; the Vietnamese partner confirms a planned power load of approximately 300 MW

SINGAPORE, Aug. 25, 2026 /PRNewswire/ -- BTC Digital Ltd. ("BTC Digital" or the "Company") (NASDAQ: BTCT), a Nasdaq-listed digital computing infrastructure company, today announced that it signed a memorandum of understanding (the "MOU") on August 20, 2026 with Nam Trang Cat Investment and Development Joint Stock Company ("NTC") and SG Partners Co., Limited ("SGP"). The MOU establishes a three-party framework to evaluate and prepare an artificial intelligence data center ("AIDC") project in Hai Phong, Vietnam.

According to information confirmed by NTC, the Nam Trang Cat Industrial Park in Hai Phong covers approximately 2 million square meters and has a planned power load of approximately 300 megawatts ("MW"). Using the industrial park as the proposed project base, the parties intend to conduct phased work on feasibility, site and power-access verification, network and cooling design, permitting, customer-demand validation, and financing and investment planning.

Cooperation Framework

Under the MOU, NTC is expected to support local project coordination and assist with verification of relevant site, power and infrastructure conditions. BTC Digital is expected to contribute its digital computing infrastructure experience and international business resources to project evaluation and technical preparation. SGP is expected to support engagement with potential investors, financing sources and industry participants.

The MOU provides for a two-year cooperation period and an initial six-month exclusivity period. Except for provisions concerning the cooperation period, exclusivity and general terms, the principal commercial arrangements under the MOU are non-binding. Any investment, financing, construction, equipment procurement, power supply, customer contract or operating arrangement remains subject to due diligence, required approvals, financing arrangements and definitive agreements.

BTC Digital's management commented, "This MOU gives the parties a practical framework for the next stage of work: verifying the site and power profile, completing the technical design, mapping permitting requirements and evaluating the project's capital structure. We intend to advance the Hai Phong opportunity in stages and make investment or construction decisions only after the key conditions have been validated," said Siguang Peng, Chief Executive Officer of BTC Digital Ltd.

Strategic Rationale and Next Steps

The cooperation extends BTC Digital's AI computing infrastructure strategy and provides a platform for evaluating digital-infrastructure opportunities in Southeast Asia. The parties plan to establish a preparatory working group and develop an action plan focused on confirming the project entity and site rights, verifying power availability and interconnection conditions, developing engineering and cooling concepts, assessing permitting and data-compliance requirements, validating customer demand, estimating capital requirements, and evaluating financing and implementation arrangements.

The Company intends to provide market updates if and when the project reaches material milestones requiring disclosure.

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.

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

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release other than statements of historical or current fact, including statements regarding the potential Hai Phong AIDC project, the preparatory working group, site and power conditions, technical planning, permitting, customer demand, financing, investment, construction and operations, are forward-looking statements. These statements are based on information currently available to the Company and its current plans and expectations, and involve known and unknown risks and uncertainties. Actual results may differ materially due to, among other factors, the inability to secure or verify site or power conditions, obtain permits or financing, enter into definitive agreements, validate customer demand, manage cost and schedule changes, obtain counterparty performance, comply with changes in Vietnamese or other applicable law, and the other risks described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by applicable law, the Company undertakes no obligation to update any forward-looking statement.

View original content:https://www.prnewswire.com/news-releases/btc-digital-signs-three-party-mou-to-advance-ai-data-center-project-in-hai-phong-vietnam-302859311.html

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 AI data center project in Vietnam on August 25, 2026?

BTC Digital announced a three-party MOU to evaluate an AI data center project in Hai Phong, Vietnam. According to BTC Digital, the framework covers feasibility, site and power verification, technical design, permitting, customer-demand validation, and financing and investment planning over a defined cooperation period.

Where will BTC Digital’s proposed AI data center with Nam Trang Cat be located and what is its planned power load?

The proposed AI data center would be based in Nam Trang Cat Industrial Park in Hai Phong, Vietnam. According to BTC Digital, the park covers around 2 million square meters and has a planned power load of approximately 300 megawatts, forming the basis for project evaluation.

What are the key terms of BTC Digital’s three-party MOU for the Hai Phong AI data center project?

The MOU sets a two-year cooperation period and an initial six-month exclusivity among BTC Digital, NTC and SGP. According to BTC Digital, most principal commercial arrangements are non-binding and any investments, construction or contracts require due diligence, approvals, financing and definitive agreements.

What roles will BTC Digital, NTC and SGP play in the Hai Phong AI data center evaluation?

BTC Digital will provide digital computing infrastructure experience and international business resources. According to BTC Digital, NTC will support local coordination and verify site and infrastructure conditions, while SGP will engage potential investors, financing sources and industry participants for the project evaluation.

How does the Hai Phong AI data center MOU support BTC Digital’s strategy in AI and Southeast Asia?

The MOU extends BTC Digital’s AI computing infrastructure strategy and offers a platform to assess digital-infrastructure opportunities in Southeast Asia. According to BTC Digital, the parties will form a preparatory working group to develop an action plan covering site rights, power, engineering, permitting and capital requirements.

Is BTC Digital’s Hai Phong AI data center project under the MOU already a committed investment for BTCT shareholders?

The Hai Phong project is not yet a committed investment; it remains under evaluation. According to BTC Digital, principal commercial arrangements are non-binding and any investment, construction, procurement, power supply or customer contracts depend on due diligence, approvals, financing and definitive agreements.