Overview
- BitVentures' board approved the official launch of a Digital Assets segment focused on cryptocurrency mining.
- The company signed definitive purchase and hosting agreements covering several Bitmain fleets and roughly 0.5 MW of hosting capacity.
- The acquired rigs include Antminer S21 XP Hydro, S21 XP air-cooled, and Antminer L9 units targeting about 30 PH/s for Bitcoin and roughly 0.5 TH/s combined for Litecoin and Dogecoin.
- Deployment will proceed in batches starting in January 2026 with a full ramp-up expected in the first quarter, hosted in secure U.S. data centers.
- BitVentures highlights energy efficiencies of 12–13.5 J/TH for Bitcoin and 0.21 J/MH for Litecoin/Dogecoin, intends to scale in tranches and assess staking and node services, and saw shares climb premarket per Benzinga.