BTC Digital Soars Over 35% After Hours On Georgia Mining Breakthrough, Bitcoin Surge
BTC Digital Ltd. (NASDAQ:BTCT) surged by over 35% in after-hours trading on Thursday. Renewed momentum in the crypto sector, marked by Bitcoin’s recent all-time high, is fueling this rally.
The stock’s price rose from $3.75 to $5.14, marking a 37.43% increase.
What Happened: The after-hours jump in BTCT’s stock price follows a period of relative stability. The digital asset platform’s stock has been trading between $3.42 and $3.85 over the past 24 hours, with a previous close of $3.46. The company’s market cap is currently at $28.19 million.
The surge in BTCT’s stock price came after the company announced significant progress in its Georgia mining project. The project is set to incorporate liquid-cooling technology, a development that has piqued investors’ interest.
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