From Crypto Mines to AI Brains: BTC Digital Pivots to AI Computing with New Georgia Data Center

SINGAPORE – April 24, 2026 – BTC Digital Ltd. (NASDAQ: BTCT), a company forged in the volatile world of cryptocurrency mining, today announced a landmark strategic pivot toward the booming artificial intelligence sector. The company has completed construction of its 10-megawatt (MW) computing facility in Georgia, United States, and is immediately leveraging the site to transform itself into an AI computing infrastructure platform, a move that reflects a broader industry trend of repurposing digital asset infrastructure for the AI gold rush.

This transition marks a significant departure from its roots in blockchain and cryptocurrency, positioning BTCT to compete for a slice of the exponentially growing market for AI model training and high-performance computing (HPC). The newly built Georgia facility, which is expected to be energized and operational in the first half of 2026, serves as the physical cornerstone of this ambitious new strategy.

The Georgia Blueprint

The Georgia project is more than just a data center; it's a statement of intent. While the initial 10MW infrastructure is now complete, the company is wasting no time in launching its AI computing center development plan on the same site. The rollout is designed to be modular and demand-driven, beginning with an initial 5MW deployment dedicated to AI workloads.

Following this first stage, BTC Digital plans to add another 10MW of AI capacity, bringing the total planned power for the site to 25MW. This phased, scalable approach allows the company to grow in lockstep with customer demand and financing, mitigating the risk of over-investment. Once operational, the center is engineered to support a wide spectrum of demanding applications, from the intensive computations of AI model training and inference to HPC and cloud services.

This modular deployment architecture is a key component of the strategy, enabling flexible and rapid scaling that is crucial in the fast-paced AI market. It allows the company to add capacity in self-contained units as new contracts are signed, a far more agile approach than building monolithic data centers.

Riding the AI Wave

BTC Digital's pivot is not happening in a vacuum. It is a calculated response to two powerful and divergent market forces: the notorious volatility of cryptocurrency and the explosive, sustained growth in demand for AI computing power. The global AI data center market, estimated at over $147 billion in 2025, is projected by some analysts to skyrocket to more than $810 billion by 2033, driven by the widespread adoption of generative AI and large language models.

This has created an insatiable appetite for the very resources crypto miners have specialized in securing: large-scale infrastructure and access to vast amounts of electricity. Many publicly traded crypto miners, including IREN, Core Scientific, and TeraWulf, are making similar moves, recognizing that AI contracts can offer higher operating margins and more stable, long-term revenue streams compared to the fluctuating profitability of mining Bitcoin.

By leveraging their expertise in managing energy-intensive operations, these companies are seeking to transform themselves from commodity producers in a crowded market into high-value service providers powering the AI revolution. Low-cost, reliable computing infrastructure has become a scarce strategic resource, and BTCT is betting it has the assets to become a key supplier.

Forging a Competitive Edge

Entering a field with established hyperscale giants like Amazon Web Services and Microsoft Azure, as well as specialized GPU cloud providers like CoreWeave, requires a clear competitive advantage. BTCT believes it has several, centered on cost and efficiency.

The company's primary advantage is its access to what it describes as low-cost power resources in the southeastern United States. Energy is the single largest operational expense for any data center, and the ability to secure power at rates below the industry average could provide a significant and sustainable cost advantage, directly impacting the competitiveness of its pricing for AI computing services.

Technologically, BTCT is leaning into the future of data center design by adopting a modular liquid-cooling architecture. As AI chips become more powerful, they also generate immense heat, rendering traditional air cooling inefficient. Liquid cooling allows for much higher compute density per rack and is significantly more energy-efficient, reducing operational costs and improving performance by preventing thermal throttling. To this end, the company has already entered a strategic agreement with Fog Computing Inc. to provide modular liquid-cooled data center technology and related infrastructure, supplementing its own development of proprietary cooling components.

This combination of low-cost energy and advanced cooling technology is designed to shorten construction timelines, enable rapid deployment of capacity, and maintain a competitive cost structure.

The High-Stakes Transformation

Despite the clear opportunity, the transition from crypto miner to AI infrastructure provider is complex and capital-intensive. The primary barrier to entry is the staggering cost of specialized hardware, particularly the high-end GPUs from manufacturers like NVIDIA that are the lifeblood of AI computing. Securing a reliable supply of these chips and the capital to purchase them is paramount.

To that end, BTC Digital has confirmed it is in active discussions with multiple institutional investors regarding potential strategic financing. The capital raised would be directed toward the construction of its AI centers, the procurement of thousands of GPUs, and further infrastructure expansion. The success of these financing efforts will be a critical determinant of the speed and scale of the company's AI ambitions.

Mr. Siguang Peng, CEO of BTC Digital, framed the completion of the Georgia site as the crucial first step. "The completion of our 10MW computing infrastructure project in Georgia means that BTCT now has the physical foundation to enter the AI computing market," he stated. "Leveraging these existing assets, we plan to move forward with the phased construction of our AI computing centers and expand to a larger scale when appropriate. We remain confident in the market potential of our AI computing business."

This strategic pivot marks a defining moment for the company, as it trades the volatility of digital currency for a stake in the foundational infrastructure of the artificial intelligence revolution.