Newsletter 2 min read

Bitcoin Mining Stocks Weekly - W23 26

Your weekly edge on Bitcoin mining stocks - performance, updates, and insights.

About: Cango Inc. (NYSE: CANG) is building an intelligent ecosystem where energy and compute dynamically converge to maximize value across Bitcoin Mining and HPC applications. For more information, view the latest investor presentation.

Index Update

5-D Volatility: Bitcoin mining stocks didn't fully mirror Bitcoin's price movements. Here's how they performed compared to other major stocks 馃憞

Major Company Updates

  1. Hut 8 announces pricing of $4.25 billion of investment-grade senior secured notes for Beacon Point data center project (link)
  2. Keel Infrastructure announces pricing of upsized $400 million of convertible senior notes (link)
  3. IREN announces first Australian data center campus - 800MW in South Australia (link)
  4. Digi Power X secures NVIDIA Vera Rubin Systems, advancing its AI infrastructure and strengthening the NeoCloudz platform (link)
  5. Bitdeer breaks ground on new energy and digital infrastructure facility in Alberta, Canada (link)
  6. Sphere 3D and Cathedra Bitcoin announce closing of business combination (link)

Last week, we added several more hyperscaler deals to our AI Infrastructure category. We鈥檒l shortly incorporate the remaining backlog deals to complete the current list, and then soon will enhance the page overview. Visit the page regularly to stay on top of the latest updates.

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

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