Nebius Group (NBIS) surged to a fresh all‑time high of $279.80 on Wednesday, climbing roughly 6.1% intraday and closing at $271.58 after a $265.10 finish the day before. The stock’s ascent follows a dramatic rise from its 12‑month low of $43.89, delivering a 470% gain over the past year and a 251% increase in the last six months. Investors are closely watching the company as it expands its AI‑driven blockchain and crypto services.
Record Share Performance
The market rally propelled NBIS shares into the $270‑plus range, a level not seen since the early‑year surge. Such momentum reflects heightened interest from both traditional equity holders and crypto‑focused funds seeking exposure to AI infrastructure. Analysts credit the price acceleration to the company’s expanding product suite and broader market sentiment.
Acquisition of Eigen AI
Nebius finalized a $643 million acquisition of Eigen AI, a deal first announced in early May, integrating advanced inference and model‑optimization capabilities into its Token Factory platform. This merger positions Nebius as a full‑stack AI cloud provider, offering services that support blockchain networks and crypto applications. Regulatory approvals were secured and all closing conditions satisfied, confirming the strategic move.
Nasdaq‑100 Inclusion and Infrastructure Expansion
The firm’s recent addition to the Nasdaq‑100 index triggered systematic buying from passive funds that track the benchmark, further bolstering the stock’s upward trajectory. Concurrently, Nebius signed a 22‑megawatt, ten‑year contract with Kao Data to deploy AI infrastructure at the Harlow data center, reinforcing its capacity to serve high‑throughput blockchain workloads. These developments collectively enhance investor confidence and signal continued growth in the AI‑driven crypto market.