About: Cango Inc. (NYSE: CANG) is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East Africa. For more information, please visit: ir.cangoonline.com.
Index Update
5-D Volatility: Bitcoin mining stocks mirrored Bitcoin’s volatility—but in more amplified way. Here’s how they performed compared to other major stocks 👇👇
Major Company Updates
- HIVE Digital Technologies surpasses 13 EH/s as scalable growth and revenue expansion accelerate in Paraguay and reaches $300 million ARR (link)
- MARA Holdings, Inc. announces pricing of upsized $950 million offering of 0.00% convertible senior notes due 2032 (link)
- Digi Power X announces closing of $15 million registered direct offering of common stock (link)
- BitFuFuPool surpasses 20 EH/s, ranks among top global Bitcoin mining pools (link)
- DMG Blockchain Solutions announces exploration of digital asset treasury strategy (link)
- Bitfarms announces corporate share buyback program (link)
- Hut 8 advances capital strategy with DIFC license (link)
- Bit Origin Acquires over 40 million Dogecoin (DOGE) to advance treasury strategy (link)
Earnings Calendar
It’s that time of year—mining companies are releasing their Q2 results. We’ve gathered all the key dates in one place for your convenience.
That’s all for this week! Feel free to drop us a message if you have any suggestions, feedback, or just want to say hi.
Thanks for being part of our journey-see you next week!
Cindy & the BMS Team 💜