BACK
BTC digital Business Plan
2023-11-13 NEWS

Company Profile

BTC digital Ltd. ("the Company") is registered in the Cayman Islands and listed on NASDAQ on March 31, 2020, with the stock code BTCT.

Originally, the Company was a leading ELT (English Language Training) service provider in China, ranking first in the Chinese adult general English training market. It possessed a wide range of omnichannel (online + offline) distribution channels and strong digital integration capabilities. At its peak, the group's revenue reached nearly 2 billion yuan (RMB). However, it experienced a sharp decline in business due to the impact of the COVID-19 pandemic and China's "Double Reduction" policy.

Since 2021, under the leadership of its founder, the Company has actively engaged in blockchain business in the face of various challenges. Gradually, it transformed into a blockchain technology company and divested its educational assets and business from BTC digital.

We are actively building a business system of "One Body, Two Wings". The "One Body" refers to the computing power mining business, while the "Two Wings" encompass the encrypted asset management business and the production and sales of mining machines and related equipment. Our goal is to become a leading metaverse technology company. Our mission is to connect the world and create the future

Our Team

We have excellent business management and industry expansion capabilities, with a deep understanding of international business operations and extensive experience in international trade.

Alan Peng  Founder & CEO

EMBA of the China Europe International Business School (CEIBS).

He led a team to operate 152 offline chain stores and online products, with over 7,000 team members. We achieved an annual sales revenue of 2 billion RMB and a market value of 1 billion USD, securing the leading position in the segmented industry. Our team possesses extensive experience in entrepreneurship, management, resource integration, and capital operations.

Currently, he is leading the transformation of a listed company into the blockchain field. Our portfolio includes companies specializing in mining machine operations, research and development, and trading. We also have an asset management and trading team, multiple NFT partnerships, and a dedicated blockchain technology team.

Johnny He Executive Vice President

EMBA of the China Europe International Business School (CEIBS)

Previously responsible for managing and operating 70 offline chain stores with a team of 2000 people. Possess extensive experience in entrepreneurship, marketing integration management, and resource integration.

Currently, focused on the transformation of a listed company into the blockchain field together with the founder.

Jing Jin Vice President

Graduated from Simon Fraser University (SFU) in Canada Business School

With 14 years of financial management consulting experience, nearly 6 years served as Chief Financial Officer of a Nasdaq-listed company

Familiar with mergers and acquisitions and post-listing management of small and medium-sized companies in the United States.

Familiar with capital operations, financing, stock issuance, and roadshows activities.

A U.S. Certified Public Accountant (CPA) proficient in accounting standards, also served as a guest lecturer at Shanghai University of Finance and Economics.

Tomi Liu Vice President
Graduated from Central South University.

Previously served as VP of Supply Chain for Hummingbird Mining Machine, a core member of the Hummingbird Mining Machine and Zeus Mining Machine  

An experienced expert in the cryptocurrency mining industry, possessing abundant resources and experience in the research and supply chain of cryptocurrency mining machines.

Our Business

Computing Power Mining

Our company has deployed a large number of BTC mining machines in North
America, all of which are from the Antminer series (S19JPro, XP, etc.), with a total of
2054 units.

Computing power mining is currently the core business of the company, and the
majority of the funds raised in this financing round will be used for mining farm
construction and further acquisition of mining machines.

We plan to increase the number of deployed mining machines to 5,000 units by the
end of 2023 and further scale up to 15,000 units by the end of 2024 (excluding
hosted mining machines).

At the same time, after completing the construction of the self-operated mining farm,
we will vigorously expand the hosted mining business, aiming for a 5:5 ratio between
self-operated mining machines and hosted mining machines.

Cryptocurrency Asset Management
Our Business - Cryptocurrency Asset Management The company will fully utilize a series of new digital economy support policies recently issued by Hong Kong to establish a compliant cryptocurrency asset management platform in Hong Kong. This platform will provide high-quality cryptocurrency asset management services to our client base, aiming to maximize the company's interests.

The cryptocurrency asset management services offered by the company do not pursue
high-risk, high-return strategies. Instead, our goal is to build a platform with controllable risks, moderate scale, trustworthy reputation, and value creation. This platform will grow with the industry and share the benefits of industry growth.

Production and Sales of Mining Machines and Peripheral Equipment

The company's production and sales of mining machines and peripheral equipment are steadily expanding.

We have a top-notch team of experts in the industry, with a strong advantage in the supply chain.

The development of this business will help strengthen customer loyalty, perceive market changes, and establish cooperative relationships across the entire industry chain.