---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-021909"
form_type: "8-K"
ticker: "BTCT"
cik: "0001796514"
company_name: "BTC Digital Ltd."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:27:58.860013+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BTC Digital acquires North Carolina BTC mining facility for $3.4M, including $400K in shares

## Summary
- Total consideration of $3.4 million; $400,000 paid in ordinary shares valued at 5-day average closing price.
- Facility with 10MW electrical load; delivery scheduled on or before May 31, 2024.
- Acquisition expected to lower operational costs and provide long-term stable energy supply.
- Buyer is wholly owned subsidiary Meten Service USA Corp.; Seller is Alpha Plotter, LLC.
- Equity issued as part of consideration constitutes an unregistered sale of securities.

## SEC filing metadata
- accession: 0001213900-24-021909
- form_type: 8-K
- ticker: BTCT
- cik: 0001796514
- company_name: BTC Digital Ltd.
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1796514/000121390024021909/0001213900-24-021909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1796514/000121390024021909/ea0201676-8k_btcdigital.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-021909
- JSON: https://secwatch.observer/filing/0001213900-24-021909.json
- Plain text: https://secwatch.observer/filing/0001213900-24-021909.txt

## Key facts
- Material Agreements
  BTC Digital Ltd. entered into Acquisition Agreement with Alpha Plotter, LLC valued at $3.4 million (effective 2024-03-09).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Alpha Plotter, LLC
  - Value: $3.4 million
  - Effective: 2024-03-09
  source text: On March 9, 2024, and Meten Service USA Corp. (“Meten”), a wholly owned subsidiary of BTC Digital Ltd. (the “Company”), entered into an acquisition and purchase agreement (the “Acquisition Agreement”) with Alpha Plotter, LLC (the “Seller”) to acquire the Seller’s BTC mining facility under construction in North Carolina (the “Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1796514/000121390024021909/0001213900-24-021909-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.