
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 👇

Major Company Updates
- Bitdeer announces pricing of upsized US$325.0 million convertible senior notes offering (link)
- Independent proxy advisory firms recommend HIVE shareholders vote "for" all resolutions (link)
- Soluna expands partnership with Blockware, adding 6 MW at Project Dorothy 1 (link)
- IREN appoints John Gross as chief innovation officer (link)
💥New Feature: AI Data Centers page is live. You can now explore each company’s HPC/AI data center portfolio* (covering operating, under construction and future pipeline capacity). For a closer look, we've added Google Map links so you can access satellite views and track construction progress if needed. This is just the first version, more data and tools will be added soon.

*The current version only includes public mining companies that have secured multi-billion dollar hyperscaler deals.
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 💜