🟢 Bitcoin mining ETF (WGMI) is trading 2.11% up in pre-market as Applied Digital revenue tops expectations

WGMI is trading at $41.08, up 2.11% in pre-market, with Applied Digital’s fiscal Q1 2027 revenue beat providing a possible positive read-through for digital infrastructure.

• Applied Digital reported $341.9 million in revenue, above expectations; it is a 3.51% WGMI holding.
• Pre-market Nasdaq futures were up 0.70% and Bitcoin 0.75%; elevated Treasury yields and recent crypto losses remain headwinds.
• WGMI’s modest holding weight and mixed backdrop make the revenue beat’s role uncertain.