BTC Digital embarks on bitcoin mining expansion in southeastern U.S.

seekingalpha

26 Nov 2024

BTC Digital (NASDAQ:BTCT) is actively seeking business opportunities in Southeastern U.S., particularly Arkansas, Tennessee, Georgia, and Missouri, to further expand the scale and number of its mining facilities.
The company is exploring various approaches, including building new facilities, acquiring existing mines, and forming strategic joint ventures with local businesses or institutions.
The Southeastern U.S., known for its abundant energy resources, is a key region for BTCT's expansion plans. After a thorough evaluation, the company will prioritize projects aligned with renewable energy and low-carbon emission goals.
"Through this expansion plan, we aim to optimize resource allocation, improve operational efficiency, and demonstrate our commitment to long-term development to our investors and the market," said BTCT's CEO.
BTCT shares were down nearly 2.74% in trading on Tuesday.
Source: Press Release

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The company is exploring various approaches, including building new facilities, acquiring existing mines, and forming strategic joint ventures with local businesses or institutions.   The Southeastern U.S., known for its abundant energy resources, is a key region for BTCT's expansion plans. After a thorough evaluation, the company will prioritize projects aligned with renewable energy and low-carbon emission goals. \"Through this expansion plan, we aim to optimize resource allocation, improve operational efficiency, and demonstrate our commitment to long-term development to our investors and the market,\" said BTCT's CEO. BTCT shares were down nearly 2.74% in trading on Tuesday. Source: Press Release","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","BTCT":"BTC Digital","BTC":"Grayscale Bitcoin Mini Trust","BK4204":"教育服务"},"translate_title":"BTC Digital开始在美国东南部进行比特币矿业扩张。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTC":1,"BTCT":1},"content_text":"BTC Digital (NASDAQ:BTCT) is actively seeking business opportunities in Southeastern U.S., particularly Arkansas, Tennessee, Georgia, and Missouri, to further expand the scale and number of its mining facilities.  The company is exploring various approaches, including building new facilities, acquiring existing mines, and forming strategic joint ventures with local businesses or institutions.   The Southeastern U.S., known for its abundant energy resources, is a key region for BTCT's expansion plans. 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