Envirotech Vehicles expands Bitcoin mining, GPU.& AI push with $118M pipeline

Envirotech Vehicles (EVTV) announced deployment of roughly 6 megawatts of modular Bitcoin mining infrastructure at a South Texas site, with installation slated to begin within about a month. The move materially expands EVTV’s exposure to Bitcoin mining operations and could increase its mining output and related revenue once operational. Market impact is likely greater for EVTV equity and its mining peers than for spot Bitcoin, though added hash rate from new deployments can modestly influence mining economics. The report is a corporate milestone signaling EVTV’s strategic pivot into crypto mining and GPU/AI infrastructure buildout.