MASHINIi

BTC Digital Ltd..

BTCT.US | N/A

BTC Digital Ltd., a crypto asset technology company, engages in bitcoin mining business in the United States. It is also involved in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The com...Show More

Ethical Profile

Mixed.

BTC Digital Ltd. (BTCT.US) faces an exchange delisting, raising concerns about its regulatory compliance and transparency. As a Bitcoin mining company, its operations are inherently energy-intensive and generate significant electronic waste (e-waste) due to hardware with an estimated 1.29-year lifespan, with critics pointing to a lack of industry standards for disposal. The company secured $20 million in funding for green sustainability and plans to deploy liquid cooling technology and leverage green energy sources, aiming for carbon-neutral objectives. However, specific quantitative data on emissions, renewable energy use, or waste diversion programs is not publicly available.

Value Scores

Better Health for All-70
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-30
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-60
-100100

Better Health for All

-70

BTC Digital Ltd.'s core business of Bitcoin mining is linked to severe, widespread negative health impacts. Noise pollution from cryptocurrency mines, which can reach 72 decibels (exceeding the WHO's 55 dB limit), is associated with high blood pressure, chest pain, tinnitus, sleep disturbances, and potential circulatory issues.

1
Furthermore, the energy consumption from fossil fuel-powered mining contributes to air pollution, increasing risks of stroke, heart disease, and lung cancer, and has been linked to PM2.5 exposure for 1.9 million Americans.
2
The company's operations generate significant health-harming externalities, including air pollution from fossil fuel electricity consumption and noise pollution. While the company's Georgia mining project is designed to minimize onsite greenhouse gas emissions and improve efficiency through liquid and air cooling, these are partial remediation efforts that do not address the broader health impacts associated with the energy sources powering the mining operations or the noise pollution.
3

Fair Money & Economic Opportunity

0

BTC Digital Ltd. operates in bitcoin mining and mining machine resale and rental. The company's business model does not involve offering lending, deposit, or other traditional financial services to consumers.

1
Therefore, all KPIs related to fair money and economic opportunity, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives, data accessibility, fair lending compliance, wealth building outcome, profit reinvestment, financial literacy initiatives, debt burden ratio, geographic inclusion, and product simplicity, are not applicable to its core operations.
2
The provided articles explicitly state that there is no data available for these metrics.
3

Fair Pay & Worker Respect

0

No specific, concrete data points were found in the provided articles for any of the KPIs under the 'Fair Pay & Worker Respect' value. The articles either did not mention the relevant metrics or explicitly stated that data was unavailable for these KPIs.

1
Regulatory compliance issues such as a Nasdaq non-compliance letter or delayed SEC filings are not considered labor-law or human-rights violations for the purpose of this assessment.
2
Therefore, no KPIs can be scored based on the evidence provided.

Fair Trade & Ethical Sourcing

0

No specific, concrete data points were found in the provided articles for BTC Digital Ltd. regarding its fair trade certifications, supplier audit frequency, forced or child labor incidents, supply chain traceability coverage, remediation speed for violations, ethical clause coverage in supplier contracts, share of spend on high-risk materials, or supplier diversity spend.

1
While some articles discuss the general benefits of blockchain technology for ethical sourcing and transparency, and provide examples from other companies, they do not offer any company-specific evidence for BTC Digital Ltd.'s performance against these metrics.
2
Several articles explicitly state 'No data found' for these KPIs concerning BTCT.US.
3

Honest & Fair Business

0

No specific, concrete evidence was found in the provided articles for any of the 'Honest & Fair Business' KPIs. The articles mention regulatory actions such as Nasdaq compliance notifications, trading halts, and exchange delisting, but do not provide monetary values for ethics-related regulatory fines.

1
Information regarding transparency index scores, whistleblower policies, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board conflict of interest percentages, anti-corruption policies, or third-party verification of ethical claims is explicitly stated as not found or unavailable across the provided documents.
2

Kind to Animals

0

BTC Digital Ltd. (BTCT.US) is a crypto asset technology company engaged in bitcoin mining and the resale/rental of mining machines.

1
Its core business model does not involve products requiring cruelty-free certification, animal testing, animal-derived ingredients, or animal agriculture operations. Therefore, the company scores N/A (0) for all KPIs related to these activities. While the company plans to invest in R&D for mining machines, this R&D focuses on improving mining efficiency and energy performance, not on animal-free technologies or alternatives.
2
There is no evidence linking BTCT.US to any specific wildlife conservation projects or public policy engagement related to animal welfare.

No War, No Weapons

0

BTC Digital Ltd. operates as a crypto asset technology company, primarily engaged in bitcoin mining and the resale and rental of mining machines. The provided articles detail the company's cryptocurrency mining projects, including a 20 MW project in Georgia and the implementation of liquid-cooling technology.

1
There is no evidence within the articles to indicate any involvement in arms manufacturing, military contracts, conflict facilitation, or any defense-related activities. Therefore, all KPIs related to the 'No War, No Weapons' value are deemed not applicable to the company's core business operations as described.

Planet-Friendly Business

-30

The company has no reported environmental compliance violations.

1
Multiple articles explicitly state that no regulatory actions, violations, fines, or compliance issues have been mentioned.
2

Respect for Cultures & Communities

0

The provided articles, which are primarily press releases, focus on BTC Digital Ltd.'s funding, expansion plans, and technology advancements.

1
They do not contain any specific, concrete data points or metrics related to the company's respect for cultures and communities, such as formal partnerships, community investments, cultural incident records, or local employment ratios.
2
Therefore, no KPIs could be scored based on the evidence provided.

Safe & Smart Tech

0

No specific, concrete evidence regarding BTC Digital Ltd.'s performance on any of the 'Safe & Smart Tech' KPIs was found in the provided articles.

1
The articles were general in nature and did not contain company-specific data points relevant to data protection, cybersecurity, or responsible AI practices.
2

Zero Waste & Sustainable Products

-60

Bitcoin mining equipment, which BTCT.US uses and resells, has an estimated lifespan of approximately 1.29 years.

1
This indicates a very short product lifespan. The company has stated 'carbon-neutral objectives' and 'plans to scale mining operations with sustainable green energy solutions' and 'leveraging green energy sources to reduce carbon emissions'.
2
However, these are vague goals without specific waste reduction targets or deadlines.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.