BitVentures Limited (BVC) is making its move into the cryptocurrency mining business, and investors seem to like what they're hearing. The company announced plans to launch a new Digital Assets division, complete with a fleet of mining equipment and hosting infrastructure that should be operational early next year.

BitVentures disclosed agreements to acquire several fleets of Bitmain mining machines along with roughly 0.5 MW of hosting capacity. Think of this as buying both the pickaxes and renting space in the gold mine.

The Hardware Lineup

The purchase includes a mix of Bitmain's latest gear: Antminer S21 XP Hydro miners, Antminer S21 XP air-cooled miners, and Antminer L9 miners. This isn't a one-coin operation either.

The fleet is designed to deliver approximately 30 PH/s of Bitcoin hashrate plus about 0.5 TH/s of combined Litecoin and Dogecoin hashrate. BitVentures plans to host these machines at secure, high-uptime data centers scattered across the U.S., with deployment kicking off in January 2026.

The company expects everything to reach full operational capacity during the first quarter of 2026. BitVentures is explicitly pursuing a diversified mining strategy that spans Bitcoin and select altcoins rather than putting all its eggs in one cryptocurrency basket.

The Efficiency Play

Energy efficiency matters in mining, and BitVentures emphasized that its machines operate at 12–13.5 J/TH for Bitcoin and 0.21 J/MH for Litecoin and Dogecoin. Those numbers represent the power consumption per unit of computing work, and lower is better.

Lawrence Wai Lok, CEO of BitVentures Limited, characterized the deal as a proof-of-concept launch for the new segment. He indicated the company plans to scale operations in phases while exploring additional opportunities in staking, node operations, and strategic partnerships.

BVC Price Action: BitVentures shares traded up 19.32% at $1.36 during premarket trading on Friday.