NBIS is trading 5.1% up today at $242.80 in pre-market, extending a sharp multi-day rally from the low $190s on continued momentum from a recent stake disclosure.
- The move follows enthusiasm around AI-infrastructure names and a 5.6% stake taken by Situational Awareness LP, a fund linked to AI investor Leopold Aschenbrenner.
- With no fresh headlines overnight, the current strength appears to be driven by follow-through buying and short-term momentum rather than a new company-specific catalyst.