
Index Update

5-D Volatility: Bitcoin mining stocks mirrored Bitcoin鈥檚 price movements in a more volatile way. Here鈥檚 how they performed compared to other major stocks 馃憞

Major Company Updates
- Northern Data announces expiry of option to sell Corpus Christi site to global infrastructure asset management firm (link)
- Soluna and Siemens collaborate to solve GPU power swings in behind-the-meter AI (link)
- HIVE Digital Technologies delivers strong year-over-year, quarter-over-quarter and month-over-month growth, maintaining over 2% of the global Bitcoin network (link)
- Canaan Inc. expands energy efficiency initiatives with 3 MW compute heat recovery proof-of-concept at Canadian greenhouse (link)
- Cipher welcomes industry veterans Lee Bratcher and Drew Armstrong (link)
Reminder: The Bitcoin Mining Annual Review (2025) was out. Don't forget to grab your copy!
As always, feel free to drop us a message for any suggestions, feedback, or just want to say hi.
Thanks for being part of our journey - see you next week!
Cindy & the BMS Team 馃挏