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The Data Centre Boom, Flying Cars, and Carbon Neutral Bitcoin

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

The Global Data Centre Boom Is Underway

Data centres are becoming critically important as the foundational infrastructure for training and deploying artificial intelligence models, Bitcoin mining, cloud computing, cybersecurity, quantum computing, and more. The growing demand for compute power has led to a rapid influx of investment from Microsoft, Amazon, and even traditional private investment and infrastructure companies. And it might just be the very beginning.

The Flying Car Backed By SpaceX

Alef Aeronautics has received approximately 2,850 pre-orders for their flagship flying car known as the Model A, which is capable of driving on regular streets as well as using propellors to take off vertically. The Model A can reach speeds of 110 miles per hour and is expected to cost $300,000.

Carbon Neutral Bitcoin Mining

Gryphon Digital Mining (NASDAQ:GRYP) is one of the only Bitcoin mining companies in the world to be independently certified as being completely carbon neutral in their operations. In February, Gryphon produced 45 Bitcoin from their mining operations, an additional 7 Bitcoin through an existing royalty agreement, and an all-time high in their hashing power.

The Sprint

The Markets: Year-To-Date

+130.4% | MindMed (NASDAQ:MNMD). The psychedelic biotechnology company recently received Breakthrough Therapy designation from the FDA for their novel LSD-derived drug for General Anxiety Disorder.

+117.7% | District Metals (TSXV:DMX). The company owns the prolific Viken Deposit in Sweden, where the government will be making a decision on the current uranium mining moratorium by May 15, 2024.

+54.4% | BlackRock iShares Bitcoin ETF (NASDAQ:IBIT). Bitcoin ETFs have been breaking records for capital inflow, with BlackRock’s ETF recently surpassing $10 billion in assets under management.

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