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Bhutan's Quiet Bitcoin Accumulation, The LLM Coming For Lithium Batteries, And Brookfield's Billion Dollar ElectroFuel Bet

Bhutan's Quiet Bitcoin Accumulation, The LLM Coming For Lithium Batteries, And Brookfield's Billion Dollar ElectroFuel Bet

Uncovering the world’s most exciting early stage companies. Discover what’s next.

September 17, 2024

The Small Country Quietly Mining Massive Amounts Of Bitcoin

The government of Bhutan now owns more than $700 million worth of Bitcoin which were earned through Bitcoin mining operations within the country established by their investment arm Druk Holding and Investment. The holdings position the small South Asian nation as the 4th largest holder of Bitcoin amongst countries, behind just the United States, China and the United Kingdom.

The Large Language Model Coming For Lithium Batteries

SES AI (NASDAQ: SES) has launched a new collaboration with Nvidia (NASDAQ: NVDA), Super Micro Computers (NASDAQ: SMCI) and Crusoe to leverage artificial intelligence to accelerate the discovery of new materials for electric vehicles and lithium batteries. The new collaboration is aiming to use artificial intelligence to map universes of electrolytes and small molecules to better understand battery chemistry, energy storage and energy efficiency.

Brookfield's Billion Dollar Bet On ElectroFuels

Brookfield Asset Management (NYSE: BAM) has committed $1 billion of funding for both new and existing projects being developed by ultra low carbon fuel company Infinium, producers of electrofuels which are made through a combination of waste, captured carbon dioxide and green hydrogen generated from renewable energy sources.

The Sprint

Quanta Computers, a Taiwanese technology giant, has invested $10 million into Vuzix Corp (NASDAQ: VUZI), who has developed multiple different types of smart glasses that which are purpose built to be used in healthcare, manufacturing and even warehousing.
PureCycle (NASDAQ: PCT) successfully recycled more than a million pounds of plastic feedstock in a single week at their flagship Ohio facility, setting a new company record.
Torrent Energy, one of India’s largest energy companies, announced they will invest approximately $7.6 billion into new green hydrogen and green ammonia production facilities.
Crypto casinos have become increasingly popular as a way to leverage digital assets for gambling, which has led to a recent flurry of new partnerships and record breaking revenue being generated.
United States cannabis operator Green Thumb Industries (CSE: GTII) announced plans to buy back $50 million of their own stock.
DeepWell DTx has received a new clearance from the United States Food and Drug Association for their video game technology which reduces stress levels and blood pressure.
Safi Biotherapeutics has developed innovative technology that is capable of producing bio-manufactured red blood cells.

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