Bitcoin Mining Venture Gets a 'Trump' Card

Author

Adam Garcia
March 31, 2025

​

Presented By

A crypto mining firm is betting big on a Trump-backed JV, a small-cap golf gear maker is teeing off with 52% gains, and a $9.4B deal is creating a mortgage giant with over $2.1T in loans under management. Here’s what’s moving the markets today.

AI (Sponsored)

This daily newsletter cuts through the noise to deliver actionable insights, breaking developments, and practical applications in clear, jargon-free language.

No time for endless research? They distill everything you need to know into a quick, engaging read that fits perfectly into your morning routine.

Their diverse community is leveraging these insights to gain a competitive edge in their fields.

The best part? While others charge premium prices for this level of AI intelligence, Mindstream is completely free.

Futures 📈

What to Watch

Earnings:

  • Loar Holdings Inc. [LOAR]: Premarket

  • NANO-X IMAGING LTD [NNOX]: Premarket

  • Chicago Atlantic BDC, Inc. [LIEN]: Premarket

  • PVH Corp. [PVH]: Aftermarket

  • Progress Software Corporation [PRGS]: Aftermarket

  • TechTarget, Inc. [TTGT]: Aftermarket

  • Omeros Corporation [OMER]: Aftermarket

Economic Reports:

  • Chicago Business Barometer (PMI): 9:45 a.m.

Uranium Market (Sponsored)

On Behalf of Azincourt Energy Corp

A junior miner with high-grade uranium assets in Canada’s Athabasca Basin and Central Mineral Belt is making moves.

Plans are in motion, and the uranium market is heating up.

*Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT stock recommendations or constitute an offer or sale of the referenced securities.

Mortgage Servicing

Rocket Companies to Acquire Mr. Cooper for $9.4B, Creating Mortgage Servicing Powerhouse

Rocket Companies (NYSE: RKT) entered a definitive agreement to acquire Mr. Cooper Group (NASDAQ: COOP) in an all-stock deal valued at $9.4 billion.

The merger will create a combined entity managing over $2.1 trillion in mortgages—roughly one in every six home loans in the U.S.

The integration will unite Rocket’s dominant loan origination and customer retention engine with Mr. Cooper’s vast mortgage servicing platform, targeting $500 million in annual synergies.

The combined business is set to enhance profitability across various market cycles and reinforce Rocket’s data-driven platform, with access to 150 million annual customer interactions.

Shares of Mr. Cooper will convert at an 11-to-1 ratio into Rocket stock, giving Mr. Cooper shareholders a 25% stake in the newly merged company.

Mr. Cooper stock is surging nearly 26% in early trade, while Rocket Companies is down 2.9%.

The deal includes a $2.00 per share dividend for Mr. Cooper shareholders and is expected to close in the fourth quarter of 2025, pending shareholder and regulatory approvals.

Post-merger, Jay Bray, CEO of Mr. Cooper, will take over as President and CEO of Rocket Mortgage.

Rocket CEO Varun Krishna will continue to lead Rocket Companies, while founder Dan Gilbert will remain Chairman.

This strategic move follows Rocket’s recent agreement to acquire digital brokerage platform Redfin, signaling an aggressive push to simplify and dominate the end-to-end homeownership journey.

Cryptocurrency

Hut 8 Soars on Launching 'American Bitcoin'

Hut 8 (NASDAQ: HUT) announced the formation of a new Bitcoin mining-focused entity, American Bitcoin, transferring the majority of its mining equipment to a joint venture now backed by Eric Trump and Donald Trump Jr.

The move signals a strategic shift for the Canadian miner as it seeks to expand operations in the U.S.

American Bitcoin emerges from the rebranding of American Data Centers, where Hut 8 now holds an 80% stake following the asset transfer.

All former mining activities from Hut 8’s Compute segment will now fall under the new venture, while Hut 8 will continue managing infrastructure and operations through long-term agreements.

Shares of Hut 8 are up 6.4% in premarket trading.

The new unit targets over 50 exahashes per second (EH/s) of mining capacity, paired with enhanced energy efficiency, and lays the groundwork for a potential future public offering.

The leadership of American Bitcoin includes Eric Trump as chief strategy officer, Mike Ho as executive chairman, and Matt Prusak as CEO.

Shares of Hut 8 have climbed 9.4% in premarket trading Monday following the announcement.

The collaboration marks another high-profile entry into the crypto space by Trump family members and positions the venture to become a major player in the North American mining landscape.

Investor Risk Signals (Sponsored)

Perhaps no one on or off Wall Street has been more accurate calling the bull and bear turns of the past 7 years.

From the bear markets of 2018 and 2022... to the roaring bull runs of 2021, 2023, and 2024.

And now, Marc Chaikin is predicting the next crash will start March 14, 2026. If you have money in the markets, Chaikin's thesis is a must-see.

Semiconductors

Arm Projects 50% Data Center CPU Market Share by Year-End

Arm Holdings (NASDAQ: ARM) expects its processors to capture half of the global data center CPU market by the end of 2025, marking a major leap from its 15% share last year.

The company’s energy-efficient architecture is gaining traction as AI-driven data centers seek ways to manage soaring electricity consumption.

Mohamed Awad, who leads Arm’s infrastructure division, says demand for the company’s chips has spiked as hyperscalers like Amazon, Microsoft, and Google design in-house processors using Arm’s technology.

Notably, Amazon reported in December that Arm-based chips represented more than half of its new data center capacity over the last two years.

Arm’s CPUs are commonly deployed as host chips within AI systems, directing traffic to high-performance accelerators such as Nvidia’s Blackwell GPUs.

These Arm chips consume significantly less power than those from traditional rivals Intel and AMD, which makes them especially attractive for energy-intensive AI workloads.

Although Arm does not manufacture chips itself, it licenses its designs and earns royalties per chip sold.

After decades of slow adoption, the company now sees software development shifting toward its architecture first—a key milestone in displacing legacy x86 systems.

Backed by SoftBank, Arm is positioning itself as a central player in powering the AI era from the inside out.

Movers and Shakers

Newton Golf Company, Inc. [NWTG] - Last Close: $1.49

Newton Golf Company is a premium golf equipment maker.

Its stock is rising 52.35% in premarket trading after reporting record-breaking Q4 and full-year 2024 results, including an 817% quarterly revenue spike and expanded gross margins.

My Take: Newton is swinging big and connecting—its tech-backed innovation is translating into both revenue and visibility on major golf tours. With momentum building, this could be a breakout year for the brand in the premium golf gear market.

ClearOne, Inc. [CLRO] - Last Close: $0.61

ClearOne Inc. is a provider of audio and visual communication solutions for conferencing, collaboration, and streaming.

Shares are seeing 13% upward momentum in premarket trading despite a challenging 2024, as investors react to its aggressive cost-cutting efforts, new product launches, and strategic shift in manufacturing from China to Singapore.

My Take: ClearOne is at a crossroads—facing steep losses and liquidity concerns, but also introducing smart innovations and cost controls. If it can secure fresh capital or a strategic partner, there's potential for a comeback. Keep a close watch on this stock.

Coya Therapeutics, Inc. [COYA] - Last Close: $6.56

Coya Therapeutics, Inc. is a clinical-stage biotech company pioneering therapies for the treatment of neurodegenerative and autoimmune diseases.

Shares of Coya are rising 9.76% in premarket due its recently filed 10-K, which highlights robust pipeline progress, strategic collaborations (including with Dr. Reddy’s Labs), and expanded indications for its Treg-enhancing biologic platform.

My Take: Coya’s science-backed focus on Treg therapies and strong academic and pharma collaborations give it solid long-term potential, especially in ALS. However, the company remains pre-revenue and high risk.

Uranium Sector (Sponsored)

On Behalf of Azincourt Energy Corp

Ninety percent of America’s uranium is imported. With the US scrambling to rebuild domestic supply, Canadian uranium companies are in prime position.

*Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT stock recommendations or constitute an offer or sale of the referenced securities.

Everything Else

That’s all for today. Thank you for reading. If you have any feedback, please reply to this email.

Best Regards,

— Adam Garcia
Elite Trade Club

Click here to get our daily newsletter straight to your cell for free.

P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP.

*Standard message/carrier rates may apply.

Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website, which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside these emails.