Market Update
Over the last week, both the AI infrastructure and Bitcoin mining sectors posted significant loss. Leopold Aschenbrenner鈥檚 investment fund reflected this decline. Here are his top 6 best performers among all holdings:
Major Company Updates
- Brookfield and Bloom Energy expand AI infrastructure partnership to $25 billion; fivefold increase to build and finance rapid power for AI infrastructure (link)
- Strategy announces Digital Credit capital framework, USD reserve policy, STRC dividend policy, Digital Credit and MSTR repurchase authorizations, and BTC monetization program (link)
- Bitdeer Technologies Group signs colocation lease agreement for Tydal, Norway AI data center site (link)
- HIVE announces closing of private offering of $130 million of 0% exchangeable senior notes due 2031 (link)
- IREN added to Russell 1000 Index (link)
- Applied Digital delivers second building at Polaris Forge 1 (link)
- American Bitcoin announces effective date of reverse stock split (link)
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Thanks for being part of our journey - see you next week!
Cindy & the Ziven Team 馃挏