Index Update
5-D Volatility: Bitcoin mining stocks decoupled Bitcoin's price movements. Here's how they performed compared to other major stocks 馃憞
Major Company Updates
- IREN announces acquisition of Mirantis to strengthen AI cloud delivery capabilities (link)
- Applied Digital completes separation of cloud business, establishing ChronoScale as independent public company (link)
- Core Scientific plans expansion to 1.5 gigawatts of gross power at Muskogee, Oklahoma campus (link)
- Terrestrial Energy and Riot Platforms launch collaboration to develop nuclear-powered large-scale data center projects (link)
- MARA announces launch of consent solicitation for the 8.750% senior secured notes due 2032 of Long Ridge Energy LLC (link)
- IREN expands AI cloud platform to Europe with acquisition of Nostrum Group (link)
- HIVE's BUZZ starts building a digital superhighway for Eastern Canada's first sovereign AI factory (link)
The pace of HPC/AI infrastructure deal flow is accelerating. In the last week alone, 3 major announcements dropped from the companies we actively track on our leaderboard: IREN 脳 NVIDIA (details) - 60 MW GPU cloud, Hut 8 - 352 MW colocation agreement (details), DigiPower X 脳 Cerebras Systems - 40 MW deployment (details).
Since last week, we鈥檝e added 42 more companies to our AI infrastructure category, and the list continues to expand rapidly. Let us know which companies we might be missing and what features would make the list even more valuable for your investment workflow.
As always, feel free to drop us a message for any suggestions, feedback, or just to say hi.
Thanks for being part of our journey - see you next week!
Cindy & the BMS Team 馃挏