Bit Origin Ltd (NASDAQ:BTOG) shares soared 32% to $1.66 in pre-market trading on Wednesday.
The Bitcoin (CRYPTO: BTC) mining and AI infrastructure company closed the regular session at $1.25, up 1.63%, according to Benzinga Pro data.
Nvidia Blackwell Deal Sparks Rally The move followed Bit Origin's Monday announcement of an approximately $11 million acquisition of sixteen NVIDIA (NASDAQ:NVDA) Blackwell B300 AI servers.
The deal, funded through $1 million in cash and $10 million in equity via pre-funded warrants, marks Bit Origin's first Blackwell-class transaction.
The servers, expected to arrive in the third quarter of 2026, will be deployed at a Malaysian data center under existing hosting and customer agreements, projected to generate roughly $360,000 in monthly recurring revenue before operating expenses.
