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Black Titan ( (BTTC) ) has provided an announcement.
On January 16, 2026, Black Titan Corporation entered into a securities purchase agreement with a U.S.-based institutional investor for a senior, unsecured convertible note financing facility of up to $200 million, issuing an initial $1.515 million note at a 10% original issue discount and retaining the option to issue up to $198.485 million in additional notes through January 16, 2029. The notes, bearing 10% annual interest and convertible into ordinary shares subject to ownership caps and pricing formulas, are intended to fund general corporate purposes and advance Black Titan’s DAT+ digital asset strategy, including strategic investments in cryptocurrencies and technology development, while leak-out and registration rights agreements are designed to manage resale dynamics and support liquidity, signaling growing institutional engagement with the company’s long-term digital asset roadmap.
Spark’s Take on BTTC Stock
According to Spark, TipRanks’ AI Analyst, BTTC is a Underperform.
Titan Pharmaceuticals’ stock faces considerable financial performance issues, with declining revenues, negative cash flows, and operational inefficiencies posing significant challenges. Technical analysis indicates a lack of clear momentum, while valuation metrics are unattractive due to negative earnings. The lack of recent earnings call data or relevant corporate events leaves these negative factors largely unchecked, resulting in a low overall stock score.
To see Spark’s full report on BTTC stock, click here.
More about Black Titan
Black Titan Corporation (NASDAQ: BTTC) is a Malaysia-headquartered, New York-focused digital asset infrastructure company pursuing its DAT+ strategy, a structured framework for evaluating and engaging in digital asset-related initiatives that emphasizes utility, risk management, liquidity and institutional-grade operational readiness. The company’s core business verticals and ecosystem are centered on building scalable, data-driven platforms and partnerships within the digital asset and cryptocurrency space, supported by strategic capital deployment and balance sheet management.
Average Trading Volume: 968,892
Technical Sentiment Signal: Sell
Current Market Cap: $15.45M
For an in-depth examination of BTTC stock, go to TipRanks’ Overview page.