Hindsight Markets Small-cap stocks on August 24, 2026
BTCT on August 24, 2026: why it ran
On August 24, 2026, BTCT opened up 44.7% from the previous close of 1.14 and reached 2.75 at 10:27 a.m. ET. The exchange halted it once.
- Previous close
- 1.14
- Open, 9:30 a.m.
- 1.65
- Gap at the open
- up 44.7%
- Pre-market high
- 1.82 at 8:13 a.m.
- High, 4 a.m. to 4 p.m.
- 2.75 at 10:27 a.m.
- Low, 4 a.m. to 4 p.m.
- 1.13
- After-hours high, 4 p.m. to 8 p.m.
- 2.26 at 5:54 p.m.
- Last trade before 4:00 p.m.
- 1.74
- Volume
- 55.77 million
- Relative volume
- 10.1x
- Float
- 11.79 million shares, from filings as of August 24, 2026
- Shares outstanding
- 11.80 million
Replay BTCT's day
It starts at 9:55 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:58 a.m. and asks what you would do. Or press Play on any moment in How it traded.
The day, step by step
- Small cap
- Momentum
- Main move: the morning
- Catalyst: news
- Round-number break
- Halted once
- Float traded in pre-market
- Faded into the close
Pre-market: the float traded by 8:19 a.m.
The first trades on the 24th were at $1.23, already above the $1.14 close. That didn't hold. By 4:11 a.m. it was at $1.13, and for most of the next three and a half hours it sat between $1.13 and $1.20.
The news came at 7:30 a.m. PRNewsWire ran: “BTC Digital Ltd. Announces Georgia 10MW Cryptocurrency Computing Infrastructure Approaching Deployment Readiness”. The 7:30 minute traded 32,168 shares. The 7:32 minute traded 90,186.
From $1.14 at 7:30 a.m. it ran to $1.73 at 7:50 a.m., up 52%. It pulled back, then ran again: from a $1.60 low at 8:10 a.m. to the pre-market high, $1.82, first reached at 8:13 a.m. 17.38 million shares traded before the bell.
By 8:19 a.m., more shares had traded than exist in the whole float (11.79 million).
The book had walls too. At 8:16 a.m. an ask wall appeared at $1.77, peaking at 187,115 shares. It was pulled at 8:17. At 9:13 a.m. a bigger one showed up at $1.60, peaking at 325,751 shares (2.8% of the float). It was pulled at 9:22, not eaten.
The open, and the wall at $2.00
It opened at $1.65, up 45% from the previous close. After a push to $1.72 at 9:35, it slid to $1.46 at 9:42, the low since the open, then traded mostly between $1.50 and $1.67 until 10:00.
From 7:45 a.m. there was an ask wall at exactly $2.00, and it was still there at 10:04.
At 10:01 a.m., 67,780 shares printed at $1.64 in one trade. At 10:03, one buy order swept 370,830 shares from $1.68 to $1.77 across 10 price levels.
Stop It's 10:04. BTCT is at $1.78 after a sweep through $1.77. The pre-market high is $1.82, and an ask wall has sat at $2.00 since 7:45 a.m. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 10:04 a.m. ET for your call, then show what happened. The clip starts at 10:01 a.m. ET.
At 10:04 it cleared the pre-market high of $1.82. More buy sweeps went through, $1.78 to $1.81 and $1.81 to $1.85. The wall at $2.00 peaked at 163,706 shares at 10:04:57, about 1.4% of the float.
At 10:05:44 a buy sweep of 126,764 shares ran from $2.00 to $2.03. In under a second, 111,582 shares traded at exactly $2.00 and the wall was gone. It wasn't pulled. Buyers ate it. At 10:05 it traded through $2.00 for the first time.
The halt at 10:06
At 10:06:08 it was halted (a volatility pause) with the last trade at $2.16. Just before the halt a bid wall built at $2.16, first seen at 10:05:55. It peaked at 291,520 shares at 10:06:07, about 2.5% of the float.
Stop It's 10:11. BTCT has been halted since 10:06 at $2.16. It was at $1.52 around 9:52. The halt is about to end. Would you buy the reopen?
Press play: the real Level 2, time and sales and chart stop at 10:11 a.m. ET for your call, then show what happened. The clip starts at 10:08 a.m. ET.
It reopened at 10:11:08. The first print was a single trade of 295,873 shares at $2.16. The bid wall was crossed one second later. The 10:11 minute ran from $2.16 to $2.43, with a low of $2.04. That is up about 60% from around $1.52 at 9:52.
The top at $2.75
It chopped for a while. At 10:16 a buy sweep of 113,292 shares ran from $2.40 to $2.47. By 10:20 it was back to $2.15.
Then it ran again. At 10:25:56 a buy sweep went from $2.48 to $2.51. At 10:27 it hit $2.75, the high of the day. In the next minute it dipped to $2.43.
At 10:34 it tagged $2.75 again and did not go through. At 10:37, two sell sweeps (94,755 shares from $2.62 to $2.58, then 128,419 shares from $2.56 to $2.45) took it down. It was at $2.21 by 10:42.
The rest of the day
At 10:46 it pushed to $2.49, a lower high under the $2.75 top. After that it mostly traded between $2.20 and $2.42 until 11:33.
At 11:33 it broke down. At 11:35 a sell sweep of 198,226 shares ran from $2.01 to $1.85 across 17 levels. It had been $2.29 at 11:32. A 28,000-share print went through at $1.90 in the same second. It bounced back to $2.43 at 12:06 and drifted lower from there.
An amended F-1 registration statement was filed at 1:55 p.m. The 1:55 minute traded from $2.10 down to $2.00, and the 1:56 minute hit $1.82. It was $1.80 at 2:02 p.m. and kept fading, closing at $1.74.
In the regular session, 35.67 million shares traded, about 3 times the float. Another 17.38 million traded in pre-market. That is 53.04 million to the close.
After hours
After hours it ran from $1.61 at 4:21 p.m. to $2.26 by 5:54 p.m., up 40%. 2.73 million shares traded after the close.
What to take from it
- A big ask wall at a round number can fall in under a second. Here 111,582 shares traded at $2.00 in less than a second, and a halt came right after.
- The highs got lower. $2.75 at 10:27 a.m. was retested at 10:34 and not passed. The next push, at 10:46, stopped at $2.49.
- Most of the move was gone by the close. It closed at $1.74, 37% below the $2.75 high.
Why it ran
News and SEC filings for BTCT published between the previous session's close and the first minute BTCT traded 20% above it, at 7:38 a.m. ET, newest first, from the same feeds the replay shows.
-
BTC Digital Ltd. Announces Georgia 10MW Cryptocurrency Computing Infrastructure Approaching Deployment Readiness
News via Stock News API
How it traded
Gap, run and fade. It gapped up 44.7% to 1.65 at the open, ran from the open to the high of 2.75 in 57 minutes through a halt, then gave back 92% of that move by 4:00 p.m., trading at 1.74.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:30 a.m. | News (PRNewsWire): BTC Digital Ltd. Announces Georgia 10MW Cryptocurrency Computing Infrastructure Approaching Deployment Readiness | |
| 7:38 a.m. | First trade 20% above the previous close of 1.14 | |
| 8:13 a.m. | Pre-market high, 1.82 | |
| 8:19 a.m. | Volume since 4:00 a.m. passes the whole float, 11.79 million shares | |
| 9:30 a.m. | The open: 1.65, up 44.7% from the previous close | |
| 10:06 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:11 a.m. | |
| 10:27 a.m. | High of the day to the close, 2.75 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.74, 36.9% below the high |
The shape is a fixed rule, not a judgement: gapped 10% or more at the open, ran 10% or more from the open to the high, and faded if it gave back 30% or more of that move by the close.
The day in numbers
- From news to the move: the first trade 20% above the previous close came 8 minutes after the latest news item before it (PRNewsWire, 7:30 a.m.).
- Volume, from the one-minute bars: 17.38 million shares before the 9:30 a.m. open (31%), 2.37 million in the first 30 minutes (4%), and 36.02 million in the rest of the day to 8 p.m. (65%).
- Float rotation, the volume since 4 a.m. against the float of 11.79 million shares: past it once at 8:19 a.m., twice at 10:11 a.m., three times at 10:39 a.m.
- The halt at 10:06 a.m.: up 30.9% in the 5 minutes into it, reopened at 2.16, unchanged from the last trade before it, then up 7.9% over the next 5 minutes.
- Other days BTCT met the small-cap rule in our recaps: 5, the latest on September 18, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 10:06 a.m. | 10:11 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
On this date the LULD plan ran under Amendment 18, in force from February 24, 2020: no band doubling at the open, and the closing doubling only for Tier 1 stocks and Tier 2 stocks whose previous close was at or below three dollars. See LULD halts or work out a band with the LULD calculator.
Trade this day
Replay BTCT on August 24, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.