CM Global Services (CMGS) Secures Exclusive Multi-Year Logistics & Procurement Partnerships with Compass Mining and NovoMod
DENVER, May 22, 2025 /CNW/ -- CM Global Services LLC (CMGS) proudly announces its official designation as the exclusive logistics and procurement partner for Compass Mining Inc. and NovoMod LLC, two leaders in the Bitcoin mining and modular infrastructure sectors. These multi-year partnerships reinforce CMGS's growing influence as the supply chain backbone powering some of the most advanced digital infrastructure projects in the world.
Founded with a mission to eliminate the bottlenecks and fragmentation that plague traditional supply chains, CMGS is a fully integrated logistics and infrastructure services firm specializing in Bitcoin mining services, data center development, and high-demand electrical infrastructure. From sourcing crypto mining machine parts and network hardware to coordinating the full deployment of large scale sites, CMGS is designed to scale with our clients and move at the speed they need.
For Compass Mining and NovoMod, CMGS serves as more than a vendor; we are an embedded partner, streamlining critical operations and bringing transparency to every stage of the infrastructure lifecycle. Our team leads:
Global sourcing and procurement of critical components, from power distribution units (PDUs) and switchgear to Ethernet cables, breakers, and enclosures.
Inbound logistics and Customs navigation, moving sensitive equipment efficiently across Asia, LATAM, and North America on time, on budget, and compliantly.
Refurbishment and redeployment of crypto mining machines, ensuring optimal uptime, performance, and recovery value from aging or idle equipment.
Infrastructure buildout support, including on-site coordination, material staging, labor oversight, and final commissioning of modular and large-scale mining sites.
By centralizing sourcing, logistics, testing, and deployment under one roof, CMGS is helping Compass Mining and NovoMod compress timelines, reduce operational overhead, and eliminate costly inefficiencies that historically slowed down crypto mining and infrastructure projects.
While our partnerships with Compass Mining and NovoMod are foundational, CMGS also supports a growing number of mining companies, original equipment manufacturers, and infrastructure developers behind the scenes. Quietly powering the supply chains of both public and private firms across the U.S., LATAM, and Asia. In a market where downtime is costly and speed is currency, CMGS brings industrial discipline, real-world experience, with timely execution.
CMGS covers the full supply chain lifecycle, including:
Global logistics and freight management
Strategic sourcing and vendor negotiations
Crypto mining machine parts sales, sourcing, and testing
Full-site infrastructure build outs
Cleaning, repair, and redeployment programs
Consulting for operational optimization and supply chain resilience
As the digital infrastructure landscape grows more complex, CMGS is positioned to be the silent engine behind the most ambitious operators, ensuring they have what they need, where they need it, exactly when it's needed.
About CMGS
CM Global Services (CMGS) is a full service logistics and procurement company specializing in Bitcoin mining and high performance computing industries. CMGS helps clients source equipment, manage global freight, deploy infrastructure, and streamline operations across every stage of the supply chain. With a commitment to reliability, speed, and cost efficiency, CMGS enables miners and data center operators to scale smarter.
Media Contact

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CTV News
an hour ago
- CTV News
Czech coalition government faces a parliamentary no-confidence vote over bitcoin scandal
A bitcoin token is placed on a mirror for a photograph in Prague, Czech Republic, May 11, 2025. (AP Photo/Petr David Josek, File) PRAGUE — The Czech coalition government on Tuesday faced a parliamentary no-confidence vote over a bitcoin-related scandal. The main opposition centrist ANO (YES) movement led by populist billionaire Andrej Babiš requested the vote after the Justice Ministry accepted a donation of bitcoins and sold them for almost 1 billion Czech koruna (US$47 million) earlier this year. The three opposition parties, including ANO, the anti-migrant Freedom and Direct Democracy movement and the liberal Pirates party, are unlikely to oust the four-party coalition government led by conservative Prime Minister Petr Fiala, which has a majority in the lower house of Parliament. Justice Minister Pavel Blažek resigned from his post over the issue on May 30 and was replaced by Eva Decroix on June 10. Blažek said he wasn't aware of any wrongdoing, but didn't want the coalition to be harmed by the scandal. Fiala said he appreciated his resignation and believed Blažek acted with goodwill. Blažek was a close ally of Fiala in the government and also in his conservative Civic Democratic Party. The new minister is from the same party. Decroix said she will order an independent probe into the ministry's activities in the case. The scandal focues on the fact that the bitcoins were donated to the ministry by a person who was previously convicted of drug dealing and other crimes, while it was not clear why he did it. The opposition has accused Blažek of possible money laundering, because it wasn't clear where the bitcoins originated, and demanded the resignation of the entire government. The issue has been investigated by the national police's organized crime unit. Czech lawmakers were debating the no-confidence motion, the fourth since the government took over after a 2021 election, with a vote expected late Tuesday or Wednesday. The scandal comes just months before the Oct 3-4 parliamentary election. Babiš is predicted to win the vote. The Associated Press

National Post
an hour ago
- National Post
DDC Enterprise Announces Up to $528 Million Raise to Accelerate Bitcoin Treasury Strategy
Article content Landmark Funding Dedicated Exclusively to Bitcoin Acquisition Positions DDC to Become a Global Leader in Bitcoin Holdings Article content NEW YORK — DDC Enterprise Limited (NYSE: DDC) ('DDC' or the 'Company') today announced it has entered into three securities purchase agreements for a total of up to $528 million of gross proceeds to the Company, before placement agent fees and offering expenses. Investors include Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and a network of leading institutional funds and individual Bitcoin investors. Substantially all of the capital raise will be dedicated to expanding the Company's Bitcoin treasury. This transformative financing, among the largest single-purpose Bitcoin raises by any NYSE-listed company, is expected to accelerate DDC's mission to establish one of the most valuable corporate Bitcoin holdings. Article content $26 Million Equity PIPE Investment The Company has entered into subscription agreements with premier investors including Animoca Brands, Kenetic Capital, QCP Capital, Jack Liu, Matthew Liu (Co-Founder, Origin Protocol), and other leading institutional funds and individual Bitcoin investors. Subject to standard closing conditions, DDC expects to issue up to 2,435,169 Class A Ordinary shares at an average price of $10.30 per share. The shares will be restricted for 180-days. $300 Million Convertible Secured Note and $2 Million Equity Private Placement With Anson Funds as the investor, an institutional investment firm with offices in the United States and Canada, the convertible secured note accrues no interest and will mature in 24 months. Pursuant to the Facility, the Company will issue a note in the aggregate principal amount of $25 million as its first tranche, with additional capacity of up to $275 million available in subsequent drawdowns upon mutual agreement of the parties. Anson Funds is also purchasing 307,693 Class A Ordinary shares for $2 million in a concurrent private placement. $200 Million Equity Line The $200 million equity line of credit ('ELOC'), also secured with Anson Funds, is designed to offer DDC maximum flexibility in accessing capital for dedicated BTC stacking. With the ELOC, upon its future commencement following registration, the Company can optimize market timing and can consistently make BTC purchases over time at management discretion. Substantially all of the gross proceeds from the financings will be deployed to acquire Bitcoin. Article content Statement from Norma Chu, Founder, Chairwoman & CEO of DDC Enterprise Article content 'Today is a defining moment for DDC Enterprise and our shareholders. This capital commitment of up to $528 million, backed by respected institutions from both traditional finance and the digital asset frontier, represents a strong mandate to execute an ambitious corporate Bitcoin accumulation strategy globally. Our vision is unequivocal: we are building the world's most valuable Bitcoin treasury.' Article content Ms. Chu, continued, 'This funding is expected to propel DDC into one of the top global corporate Bitcoin holders. This investment by Anson Funds and the group of PIPE investors is a resounding validation of Bitcoin's important role in future corporate balance sheets. At DDC, we will deploy this capital with institutional discipline and unwavering conviction, cementing our position as the premier bridge between global capital markets and the Bitcoin ecosystem. DDC Enterprise is strongly positioned as the definitive publicly-traded vehicle for concentrated Bitcoin exposure and value creation. My focus will be on growing our BTC treasury and delivering attractive BTC yield consistently for our shareholders.' Article content Maxim Group LLC acted as the exclusive financial advisor in connection with the offering. The closings of the financings are subject to the satisfaction of customary closing conditions. Article content This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. Article content About DDC Enterprise Article content DDC Enterprise Limited (NYSE: DDC) is spearheading the corporate Bitcoin treasury revolution while maintaining its foundation as a leading global Asian food platform. The Company has strategically positioned Bitcoin as a core reserve asset, executing an aggressive accumulation strategy. While continuing to grow its portfolio of culinary brands – including DayDayCook, Nona Lim, and Yai's Thai – DDC is now at the vanguard of public companies integrating Bitcoin into their financial architecture. Article content Certain statements in this announcement are forward-looking statements. Article content Investors can identify these forward-looking statements by words or phrases such as 'may,' 'will,' 'expect,' 'anticipate,' 'aim,' 'estimate,' 'intend,' 'plan,' 'believe,' 'is/are likely to,' 'potential,' 'continue' or other similar expressions. Examples of forward-looking statements include those related to business prospects, accumulation of Bitcoin, and the Company's goals and future activity under the financing transactions described above, including the statements on the closings of the offerings and the satisfaction of closing conditions and use of proceeds in the offerings. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 20-F, 6-K and other reports, including a Form 6-K which with copies of the definitive documents related to the above transactions, to be filed with the Securities and Exchange Commission ('SEC') and available at Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. Article content Article content Article content Article content Contacts Article content For Bitcoin Investor Relations: Article content Article content Yujia Zhai | Article content Article content Article content


Cision Canada
6 hours ago
- Cision Canada
Bybit & Block Scholes: ETH-BTC volatility hits five-year high as ETH plays catch-up
DUBAI, UAE, June 17, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, released a new options volatility report in collaboration with Block Scholes. The report shows a historic volatility divergence between Ethereum (ETH) and Bitcoin (BTC) during May 2025. Key Highlights: In May 2025, ETH options exhibited historically high volatility premiums over BTC, driven by ETH's elevated realized volatility during a major price rally. The ETH-to-BTC implied volatility ratio for short-dated options surged past 2x — reaching a nearly five-year high. BTC's realized volatility fell below a long-standing 35% floor, breaking a 19-month trend. ETH's volatility term structure showed persistent inversion, with shorter-dated options pricing higher volatility than longer-dated ones. The implied volatility divergence coincided with ETH's outperformance, which included a 23% intraday rally amid key market events. ETH-to-BTC Implied Volatility Expands to Five-Year High In May 2025, a notable dislocation in implied volatility emerged between ETH and BTC options. Implied volatility reflects market expectations for future price movement over an option's lifespan. At the start of the month, the ETH-to-BTC implied volatility ratio for 7-day options hovered around 1.5 — indicating that ETH options were priced with 50% higher expected volatility than BTC options. By May 16, the ratio climbed above 2x, reaching a peak not seen since 2020, as BTC's implied volatility declined to its lowest levels since October 2023. This drop in BTC volatility broke below the 35% floor that had held for over 19 months, while ETH's short-tenor implied volatility remained elevated, though slightly below its May 10 high. The volatility spread was particularly pronounced in the 30-day tenor, reaching its widest point since mid-2022. Realized Volatility Trends Underscore the Divergence The sharp divergence in implied volatility was reinforced by trends in realized volatility — a measure of actual historical price movement. In May, ETH's realized volatility significantly outpaced BTC's across various tenors, fueling expectations for continued dispersion between the two assets. On May 15, the 7-day realized volatility ratio between ETH and BTC peaked, closely followed by the implied volatility ratio — suggesting market participants expected ETH's higher volatility to persist. This trend is not new: the ETH-BTC volatility ratio has been climbing steadily since July 2024, amid both bull runs and periods of market stress. ETH's standout performance in May was catalyzed by several factors, including positive US-UK trade news. ETH surged more than 23% on May 8 alone and continued to outperform BTC, which gained approximately 10% during the same period. Despite this momentum, ETH remained over 50% below its January 2025 peak and its all-time high. #Bybit / #TheCryptoArk / #BybitReport About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at