Index Update
5-D Volatility: Bitcoin mining stocks mirrored Bitcoin's price movements in a more volatile way. Here's how they performed compared to other major stocks 馃憞
Major Company Updates
- Applied Digital reaches significant milestone, surpassing 1 GW of contracted capacity with U.S.-based high investment-grade hyperscaler lease at fourth campus, Polaris Forge 3 (link)
- CleanSpark appoints Ruben Sahakyan as senior vice president of finance (link)
- Soluna acquires full ownership of Project Dorothy 1B, completing equity consolidation of Dorothy 1 Campus (link)
- Hut 8 commits $16 million to expand water infrastructure in West Feliciana Parish (link)
- IREN acquires Awaken to support global brand growth (link)
- HIVE's BUZZ HPC announces 320 MW sovereign AI infrastructure in Greater Toronto Area (link)
Applied Digital has significantly expanded its colocation agreement with an investment-grade hyperscaler, pushing total contracted capacity above 1 GW and contracted value past $30 billion. (Updated charts and full details are now available on our Hyperscaler Deals page)
In case you missed it, you can now easily build your own personalized watchlist by simply starring your favorite stocks. Additional features, such as customized dashboards and alerts are coming in the next few weeks. Just log in and try it out!
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