$BTCT

BTC Digital (NASDAQ: BTCT) signed an MOU with NTC and SGP to evaluate an AI data center project in Hai Phong, Vietnam. The project, with a planned 300 MW power load, will undergo feasibility studies, technical planning, and financing preparation over two years. BTC Digital will contribute its infrastructure expertise, while NTC and SGP will support local coordination and investor engagement.

BTC Digital Ltd. (BTCT) announced its Georgia cryptocurrency mining facility is nearing deployment, with high-performance machines expected within two months. The 10MW facility could support up to 900,000 TH/s at full capacity. BTCT is pursuing a dual strategy in AI and cryptocurrency computing.

Bitcoin Treasury Corporation (TSXV: BTCT, OTCQB: BTCFF) reported NCIB activity for July 1-31, 2026, buying and retiring 12,200 common shares at an average $3.19 per share. As of July 31, 2026, it had 9,526,480 common shares outstanding. The NCIB permits repurchases of up to 989,228 shares (~10% of public float).

BTC Digital Ltd. (NASDAQ: BTCT) said it closed a private placement financing to institutional investors. The company received about $7.0M upfront gross proceeds and, with related warrants, expects up to ~$28M potential gross proceeds. Funds will support phased construction of an 8MW AI computing center in Georgia, with part of capacity targeted online in ~6 months.

BTC Digital (BTCT) has announced a delay in filing its 2025 annual Form 20-F due to the need for more time to finalize financial statements and audit procedures. Despite an estimated 20% revenue growth for 2025, the company anticipates a significantly wider net loss of $8.5 million to $9.5 million, up from $2.0 million the previous year, primarily due to increased operating expenses. The filing is expected within the standard 15-day SEC extension window.

BTC Digital Ltd.'s shares have significantly dropped by 29% in the last month, contributing to a 73% decline over the past year. The market's low price-to-sales (P/S) ratio of 1x, compared to an industry average of 4.7x, suggests skepticism about future revenue growth, despite past brisk increases. Investors are cautious due to inconsistent revenue growth over three years and expectations that recent limited growth rates will continue.

Bitcoin's true potential lies in its infrastructure role as productive capital, not just a digital store of value like gold.

The slowdown in institutional demand could be a factor in the cooling of Bitcoin's bull run, adding further downward pressure on the BTC price.

Three Bitcoin BTC/USD treasury companies, MARA Holdings Inc. MARA, Rumble Inc. RUM, and BTC Digital Ltd. BTCT, have all seen notable changes in their momentum rankings, marking a dynamic phase for investors watching price trends among digital asset treasury stocks.

The mining firm has raised $6 million and is set to dump Bitcoin in favor of Ethereum, targeting tens of millions in ETH reserves by year-end.