The CoinShares Bitcoin Mining and Digital Power ETF (WGMI) has changed its investment mandate from solely bitcoin mining to include AI infrastructure and digital power companies. This shift has lowered its correlation with bitcoin from 70% to 50%, reflecting a more diversified portfolio. WGMI now holds significant positions in AI infrastructure firms like Cipher Digital, Nebius Group, and CoreWeave, positioning it more as an AI proxy than a traditional bitcoin mining ETF. As a result, the ETF has been re-rated to Neutral/Hold, advising investors to consider the new risks related to AI sector volatility and concentration.
WGMI's pivot to include AI infrastructure and digital power companies comes as the Technology sector on Pluang shows balanced activity, with 74 of 150 stocks rising and 76 falling. Notable movers include KD (Kyndryl Holdings Inc) up 13.66%, AXTI (AXT Inc) down 12.55%, and ATOM (Atomera Incorporated) down 10.89%. This snapshot is as of Oct 19, 2026, 11:11 WIB.
The global clinical trial supplies market is projected to grow from $5.7 billion in 2025 to $10.7 billion by 2033, at an 8.4% CAGR. This growth is driven by increased R&D investments, rising chronic diseases, and the expansion of biologics, personali...
Starlink Mobile, launched by VEON Ltd. across Ukraine, Kazakhstan, and Bangladesh, has connected over 11 million users in less than a year. The service enables existing 4G phones to access satellite connectivity where terrestrial signals are unavaila...
Medallion Financial Corp. announced it will repurchase $15 million in trust preferred securities from BIMIZCI Fund LLC at 73.66% of face value, costing about $11.05 million plus accrued distributions. This deal includes a five-year standstill agreeme...
Belite Bio, a clinical-stage drug developer focused on retinal diseases, has been approved to move its stock listing from the Nasdaq Capital Market to the Nasdaq Global Select Market, the highest tier on Nasdaq. This uplisting reflects the company's ...
Heineken N.V. has repurchased a total of 8,865,521 shares under the second tranche of its €1.5 billion share buyback program, spending €629.4 million as of October 16, 2026. This includes shares bought on the exchange and from Heineken Holding N.V. T...
