---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-059091"
form_type: "8-K"
ticker: "BTCT"
cik: "0001796514"
company_name: "BTC Digital Ltd."
filed_at: "2024-07-03T23:59:59+00:00"
generated_at: "2026-05-31T23:32:57.730758+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BTC Digital acquires Arkansas Bitcoin mining facility for $1.99M

## Summary
- Total consideration: $1,530,000 cash/USDT, $360,000 in ordinary shares (6-month lockup), $100,000 holdback.
- Acquired Quench Data LLC, which owns a 6MW long-term stable power load facility in Arkansas.
- Expected closing within 7 business days after June 28, 2024, subject to customary conditions.
- Company cites reduced operational costs, stable energy supply, and enhanced hosting services as strategic benefits.

## SEC filing metadata
- accession: 0001213900-24-059091
- form_type: 8-K
- ticker: BTCT
- cik: 0001796514
- company_name: BTC Digital Ltd.
- filed_at: 2024-07-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1796514/000121390024059091/0001213900-24-059091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1796514/000121390024059091/ea0208971-8k_btcdigital.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-059091
- JSON: https://secwatch.observer/filing/0001213900-24-059091.json
- Plain text: https://secwatch.observer/filing/0001213900-24-059091.txt

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