Hindsight Markets Recaps Small-cap stocks on August 24, 2026
BTCT, August 24: a 7:30 headline, one halt, and $2.75
BTCT opened up 45% after news, ran to $2.75 through one halt, then gave back most of the run by the close.
News via Stock News API
What happened
Draft for review. Not published.
News lit the fuse
A 7:30 a.m. crypto computing headline woke BTCT up. It ran from $1.14 to a pre-market high of $1.82. By 8:19 a.m., more shares had traded than the whole 11.8M float.
The wall at $2.00
At 10:03, under an ask wall at $2.00, one buy order swept 371K shares from $1.68 to $1.77.
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, tape and chart run from 10:01 a.m. and stop at 10:04 a.m. ET for your call.
Here's what happened. At 10:05:44 a buy sweep hit the wall, and 112K shares traded at $2.00 in under a second. The wall was gone.
The 10:06 halt
At 10:06:08 a volatility pause froze it at $2.16, with a 292K-share bid at that price.
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, tape and chart run from 10:08 a.m. and stop at 10:11 a.m. ET for your call.
It reopened at 10:11:08 with one 296K-share trade at $2.16. That minute it reached $2.43. At 10:27 it hit $2.75, the high.
It tagged $2.75 again at 10:34 and failed, then faded. It closed at $1.74.
What to take from it: The $2.00 wall got eaten in under a second, but most of the move was gone by the close.
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 details
How it traded, step by step
Gap, run, gave some back. 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, still above the open.
| 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 | |
| 10:27 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's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.
The day in numbers
- Previous close
- $1.14
- Open, 9:30 a.m.
- $1.65
- Gap at the open
- +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
- Close, 4 p.m.
- $1.74
- Change at 4 p.m.
- +52.2%
- After-hours high, 4 p.m. to 8 p.m.
- $2.26 at 5:54 p.m.
- Volume, 4 a.m. to 4 p.m.
- 53.04 million
- Volume after hours, 4 p.m. to 8 p.m.
- 2.73 million
- Relative volume by 8 p.m.
- 10.1×
- Float
- 11.79 million shares, from filings as of August 24, 2026
- Shares outstanding
- 11.80 million
- 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.
- Other days BTCT met the small-cap rule in our recaps: 5, the latest on September 18, 2026.
On the day's lists: the intraday runners. It is here because it was in play on the intraday runners: up 30% or more on $3 million or more really traded, outside the small-cap rule's price, relative volume or float, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (1)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 10:06 a.m. | 10:11 a.m. | 5 min 0 s | up 30.9% | $2.16, unchanged | up 7.9% | LULD pause (limit up-limit down) |
Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).
How we read the data, name a day's shape and pick the stocks: methodology.
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.