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 from Bitcoin’s price movements. Here’s how they performed compared to other major stocks 👇👇
Major Company Updates
- Soluna breaks ground on its largest site to date, Project Kati (link)
- CleanSpark strengthens leadership team with strategic appointments to drive innovation and power the next phase of growth (link)
- Canaan Inc. partners with Luxor to expand institutional miner financing (link)
- Bitdeer announces cleanup redemption of all of its outstanding convertible senior note due 2029 (link)
- IREN appoints Anthony Lewis as chief financial officer (link)
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 💜