BTC Digital Ltd. signed a memorandum of understanding with Nam Trang Cat Investment and Development Joint Stock Company and SG Partners Co., Limited to evaluate and prepare an artificial intelligence data center project at Nam Trang Cat Industrial Park in Hai Phong, Vietnam. The site covers about 2 million square meters and has a planned power load of approximately 300 MW. The two-year framework includes an initial six-month exclusivity period and covers feasibility studies, site and infrastructure verification, power access, technical planning and financing preparation. BTC Digital shares rose 23.59% to $2.15 in Tuesday premarket trading, according to Benzinga Pro data. The company also said its 10-MW cryptocurrency computing facility in Georgia, U.S., had completed construction and was nearing deployment readiness, with mining operations expected to begin within about two months.