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 decoupled Bitcoin鈥檚 price movements. Here鈥檚 how they performed compared to other major stocks 馃憞
Major Company Updates
- Soluna announces $32 million registered direct offering priced at-the-market under Nasdaq rules (link)
- IREN announces pricing of ordinary shares offering to fund the repurchase of convertible notes (link)
- Applied Digital leads $25 million funding round for Corintis to advance innovation in data center technology (link)
In case you missed it, last week we hosted Earnest Hamilton - a seasoned expert in power generation, for a deep dive on CleanSpark. He argued that CleanSpark鈥檚 HPC/AI strategy is widely misunderstood and shared why he believes the company could land a hyperscaler deal in 2026. 馃帶 Tune in to hear his perspective.
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