BTCT is trading 54.5% up at $1.05 as the stock reacts positively to the closing of its recently announced $7 million private placement. - The financing will fund the initial phase of an 8-megawatt AI computing facility in Georgia, marking a strategic transition from cryptocurrency mining to AI infrastructure. - The rally extends a recovery following previous dilution-driven selling and comes amidst significant investor interest in the company's AI pivot.