Despite broader market pressures from earnings concerns, trade tensions, and rising oil prices, retail investors are aggressively accumulating positions in four specific stocks showing exceptional momentum. D-Wave Quantum leads the charge on potential government equity stakes in quantum computing, while Plug Power, Bitfarms, and Nokia gain traction from sector-specific catalysts in green energy, AI infrastructure, and cloud networking.
about 4 Stocks Surging on Quantum, AI & Green Energy NewsBen Gagnon
0 posts last weekBitfarms Stock Surges 14% After Share Buyback Announcement
Canadian Bitcoin miner Bitfarms announced a stock buyback program, authorizing the repurchase of up to 10% of its public float, worth approximately $64 million. The news drove its stock price up by nearly 14% on NASDAQ. CEO Ben Gagnon stated that the market undervalues Bitfarms’ Bitcoin operations and high-performance computing potential. The company recently acquired Stronghold Digital Mining as part of its expansion into AI, capitalizing on shared infrastructure needs between Bitcoin mining and AI data centers. Bitfarms operates 15 data centers across North and South America, positioning itself as a major player in the volatile Bitcoin mining industry.
about Bitfarms Stock Surges 14% After Share Buyback Announcement