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
- LM Funding America closes acquisition of 11 MW site and miners in Columbus, Mississippi for $4.0 million (link)
- HIVE Digital Technologies completes acquisition of 7.2 MW Toronto data center to fuel BUZZ's HPC and AI expansion in Canada (link)
- Greenidge Generation closes sale of its Mississippi Bitcoin mining facility (link)
- Soluna secures $100M facility from Generate Capital to expand green data centers (link)
- BitMine Immersion (BMNR) announces crypto and cash holdings of $10.8 billion, ETH holdings exceeding 2.151 million (link)
Platform Update: To support the growing number of stocks on our platform, we鈥檝e added a search function to make navigation easier. Simply enter a trading ticker in the search bar located at the top-right corner of the homepage (best viewed on desktop).
Give it a try and let us know what you think!
That鈥檚 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 馃挏