Black Titan shares jump 60.0% intraday after securing $200M convertible note for digital asset strategy.

martes, 20 de enero de 2026, 11:24 am ET1 min de lectura
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Black Titan surged 60.0% during intraday trading following the announcement of a $200 million convertible note facility secured on January 16, 2026. The funding, sourced from a U.S. institutional investor, is earmarked to advance the company’s DAT+ digital asset infrastructure strategy, including a strategic pivot toward digital currency holdings. Multiple news reports highlighted the transaction as a catalyst for investor optimism, with premarket surges of up to 74.1% and intraday gains reflecting renewed confidence in Black Titan’s growth potential. The financing terms, however, include aggressive conversion features and dilution risks, though the immediate market reaction focused on the strategic alignment with digital asset trends. This development positions Black Titan to bolster its liquidity and expand its footprint in emerging markets, directly correlating with the intraday price surge.

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