BitVentures Limited (NASDAQ:BVC) stock rose after the company said it will start a new Digital Assets division focused on cryptocurrency mining expansion.

BitVentures disclosed agreements to buy several fleets of Bitmain mining machines and about 0.5 MW of hosting capacity.

Mining Equipment

The purchase includes Antminer S21 XP Hydro miners, Antminer S21 XP air-cooled miners, and Antminer L9 miners.

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The fleet targets about 30 PH/s of Bitcoin hashrate and about 0.5 TH/s of Litecoin and Dogecoin hashrate.

BitVentures said it will host the machines at secure, high-uptime data centers across the U.S. starting in January 2026.

The company expects a full…

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