🟢 NBIS is trading 11.4% up today after Leopold Aschenbrenner reports 5.6% stake

NBIS is trading 11.4% up at $232.04 in pre-market action after Situational Awareness LP disclosed a sizable position in the company.

• Situational Awareness LP, linked to AI investor Leopold Aschenbrenner, reported a 5.6% stake (12.41 million Class A shares) in AI infrastructure and cloud provider Nebius Group.
• The investment is valued at approximately $2.6 billion, marking a significant strategic entry by the AI-focused fund.
• The move is company-specific and catalyst-driven, as the stock is outperforming broader index futures which are currently trading slightly lower.