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Bigger Bitcoin Mining, Canada All In on EVs, and The Solana Phone Hype

Bigger Bitcoin Mining, Canada All In on EVs, and The Solana Phone Hype

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

Marathon Digital is Sizing Up Their Bitcoin Mining Operations

Marathon Digital Holdings (NASDAQ:MARA) has entered into an agreement to purchase two operating Bitcoin mining locations in Texas and Nebraska for $178.6 million. The acquisition will result in Marathon having a total of 910 megawatts of combined capacity across all of their operations.

Canada is Going All In On Electric Vehicles

Canada has come out with new regulations that dictate all new vehicles being sold in 2035 and beyond are required by law to be zero emission vehicles. The new policy also states that zero emission vehicles need to be 20% of all cars sold in Canada by 2026 and 60% of all cars sold by 2030. The new regulation is shining on spotlight on the country’s need to improve infrastructure for battery production and charging networks.

The Unexpected Rise Of Solana’s Mobile Phone

Solana has officially sold out of their flagship mobile phone product Saga in the United States. The mobile phone enables users to seamlessly interact with the entire Solana ecosystem on the go, including protocols, NFT marketplaces and more. Each phone comes with the ability to claim tokens, which have shot up in value by over 9,000% in the past two months.

The Sprint

Verses AI (CBOE:VERS) announced a new collaboration with Volvo for their Genius technology platform.
Playside Studios (ASX:PLY), Australia’s largest publicly-traded video game developer, has entered into an IP-licensing deal with Warner Brothers.
Base Carbon (CBOE:BCBN) is partnering with STX Group to launch a new investment vehicle for funding carbon removal.

The Markets

+35.5% | Iris Energy (NASDAQ:IREN) in the past week after announcing an expansion to their Bitcoin mining capacity.

+35.0% | Worldcoin (WLD) since December 15th after announcing new integrations with Minecraft, Reddit, Telegram, and Shopify.

+19.8% | ATHA Energy (CSE:SASK) this December. The company raised $22.84 million and announced the assembly of Canada’s largest uranium exploration portfolio.

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