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A New Public Company Staking Solana, NexGen's Nuclear Sale, And Europe's Latest Quantum Computer Launch

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December 07, 2024

This Public Company Is Now Staking Solana

SOL Global Investments (CSE: SOL), one of the first publicly traded companies investing in the rapidly growing Solana ecosystem, announced they have begun staking over 8,000 Solana tokens and will earn an annual yield of approximately 5.6%. SOL Global recently raised $3.6 million CAD in an equity financing which they have publicly stated they intend to use solely to acquire more Solana.

NexGen Energy Lands Its First Ever Uranium Supply Deal

NexGen Energy (NYSE: NXE) announced their first ever purchase agreement for uranium supply with major utility companies located in the United States of America. The purchase agreements are for a total of 5 million pounds of uranium over 5 years. Large scale nuclear power deals continue to ramp up with technology companies globally, which will all require significant amounts of new uranium supply in order to produce nuclear fuel.

IonQ Has Launched Their First European Quantum Computer

IonQ (NYSE: IONQ) officially delivered their first ever European based quantum computer to a data centre in Arlesheim, Switzerland. The company’s Forte Enterprise quantum computer is their largest single core quantum processor and highest performing system to date, capable of processing 68 billion different possibilities simultaneously.

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The Sprint

The Markets This Week

+148.5% | United States Antimony (NYSE: UAMY). Earlier this week, China announced an export ban on antimony to the United States, prompting many investors to seek out domestic supply of the rare mineral with combat applications.

+63.8% | Telomir Pharmaceuticals (NASDAQ: TELO) has been working to make potential breakthroughs in developing new therapeutics for human longevity through the pre-clinical advancement of their novel drug Telomir-1.

+52.2% | SOL Global Investments (CSE: SOL) previously purchased $2 million of Solana to hold directly as an asset and stake for yield.

+43.6% | Rigetti Computing (NASDAQ: RGTI) recently raised $100 million to accelerate the development of their full-stack quantum computing systems.

+35.6% | Serve Robotics (NASDAQ: SERV) previously launched their third generation autonomous delivery robot.

+28.4% | Perpetua Resources (NASDAQ: PPTA) in September received official approval from the United States Forest Service to advance their Stibnite Gold Project located in Idaho, which also contains significant amounts of antimony.

+16.8% | Galaxy Digital (TSX: GLXY) recently announced a new private offering of $300 million in exchangeable senior notes to expand the operational capacity of their Texas based data centre Helios.

+27.0% | Crypto Stocks

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