Mid Cap Gainers: BE, HUT, MARA
3:39 pm Monday, October 25th, 2021
Bloom Energy Corp (NYSE:BE) and SK Group affiliate SK ecoplant announced an expansion of their existing hydrogen partnership; SK ecoplant will purchase a minimum of 500 megawatts from co, representing a revenue commitment of $4.5 bln. The partnership also includes co-creating two hydrogen innovation centers and targeting an equity investment in co of approx. $500 mln. The stock rises to its highest levels since June.
Hut 8 Mining Corp (NASDAQ:HUT) announced that development of its third mining site is underway. The Ontario site will begin with 35MW of capacity and is expected to be online by the end of 2021; it will enable co to generate power using a blend of by-product steam, hydrogen, and natural gas along with a secondary geothermal system.
Marathon Digital Holdings Inc (NASDAQ:MARA): Various crypto-exposed names outperform. Marathon Digital Holdings is a patent holding company that is the parent of Uniloc, known as a patent troll company.
