BTC Digital Ltd. is expanding its presence in the U.S. market by acquiring land for a new cryptocurrency mining facility.
Details of the Acquisition
BTC Digital has acquired a **62-acre** property in Vienna, Georgia, for **$2.1 million**. The company plans to establish a state-of-the-art mining facility, investing an additional **$5 million** to enhance infrastructure and capacity.
CEO's Vision
Siguang Peng, CEO of BTC Digital Ltd, stated: > "The successful completion of this acquisition demonstrates our strategic focus on the U.S. market and commitment to sustainable growth. Vienna's competitive advantages in land and energy costs position us to efficiently scale our computing infrastructure while establishing a strategic logistics center for the region."
Regional Impact
The immediate effect of this investment may alter **local energy and labor markets**. BTC Digital plans to install 6,000 mining machines, which could influence **job creation** and **energy consumption** in the region.
The acquisition of land in Georgia reflects BTC Digital's ambitious plans for growth and strengthening its position in the rapidly evolving cryptocurrency industry.
