Plug Power Gains 25% on Hydrogen Supply Expansion Strategy
Plug Power Inc. (PLUG) surged 25.13%, leading the PRISM Emerging New Energy Index, after announcing an extended multi-year hydrogen supply agreement through 2030 with a major U.S. industrial gas partner. The revised deal strengthens Plug's domestic hydrogen network, immediately reduces costs, and supports demand across over 275 customer sites.
BitMine Plunges 45% After Completing $250M Ethereum Treasury Raise
BitMine Immersion Technologies (BMNR) tumbled 44.94%, weighing on the PRISM Emerging Crypto Mining Index, despite closing a $250 million private placement to fund its Ethereum treasury strategy. The raise, backed by prominent investors including Founders Fund, Galaxy Digital, and Kraken, will be used to purchase ETH and support staking and decentralized finance activities.
Other PRISM Mid-Day Movers:
? Rockwell Medical, Inc. (RMTI) up 27.79%
? Rhythm Pharmaceuticals, Inc. (RYTM) up 31.03%
? ProKidney Corp. (PROK) up 32.68%
The post PRISM Mid-Day Movers: Hydrogen Momentum and Crypto Strategy Diverge Indices appeared first on PRISM MarketView.
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