CIIT News & Events

Tianci International Inc trading halted, news pending

Tianci International will implement a 1-for-7 reverse stock split of its common stock, effective at 12:01 a.m. Eastern time on March 20, 2026. The Company's common stock is expected to begin trading on a split-adjusted basis when the market opens on March 20, 2026, and will continue to trade on The Nasdaq Capital Market under the symbol "CIIT." The new CUSIP number for the common stock will be 88631G304. The Reverse Stock Split is intended to increase the bid price of the common stock to enable the Company to regain compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. The Company's stockholders authorized the reverse stock split at the Company's annual meeting of stockholders held on February 13, 2026, with the final ratio determined by the Company's Board of Directors.

Tianci International entered into a Memorandum of Understanding with BTC Digital. The ordinary shares of BTC Digital are listed for trading on the Nasdaq Capital Market under the symbol "BTCT". BTC Digital is organized in the Cayman Islands. Through its operating entities, the business of BTC Digital is focused on development and use of crypto asset technology, with a focus on bitcoin mining. BTC Digital also generates revenue through mining machines resale and rental. For the fiscal year ended December 31, 2024, BTC digital generated a substantial majority of its revenue from bitcoin mining and mining machines resale. The MOU between Tianci and BTC Digital recites that the parties have agreed to establish a strategic cooperative relationship, based on Tianci's intention to explore the field of cryptocurrencies and related business sectors and BTC Digital's position as a significant provider of cryptocurrency mining infrastructure and digital asset management solutions. The scope of the intended cooperation encompasses: Application of blockchain technology to enhance Tianci's existing operations in the field of global logistics services. The parties contemplate that BTC Digital will enable Tianci to apply blockchain technology to supply chain management, financial settlement, customer data management and business intelligence applications. Cryptocurrency Mining. The MOU recites Tianci's intention to purchase cryptocurrency mining machines from BTC Digital with an aggregate value of approximately $5M and engage BTC Digital to provide hosting, operation and maintenance of the mining machines. Stablecoin and RWA Collaboration. The MOU states the intention of the parties to jointly explore use cases for stablecoin-based payment and settlement procedures, as well as to investigate feasible approaches to tokenizing Real World Assets on blockchain platforms.

BTC Digital (BTCT) has signed a strategic memorandum of understanding with Tianci International (CIIT). Under the MOU, the parties will pursue a broad strategic cooperation across cryptocurrency mining, stablecoin-based payment and settlement solutions, real-world asset initiatives, and blockchain-enabled technology services. Pursuant to the MOU, CIIT plans to procure approximately $5.0M of cryptocurrency mining equipment, with BTCT providing end-to-end hosting, operations and maintenance services for the deployed miners. CIIT intends to continue expanding its investment footprint in crypto mining, while BTCT will supply comprehensive infrastructure and technical support to enable that growth. The two companies will also jointly explore payment and settlement use cases built on stablecoins and investigate feasible RWA pathways. BTCT and CIIT will collaborate on the development of related products and services.