Based on Hut 8's 15-minute chart, a significant technical indicator has been triggered. The KDJ Golden Cross and Bullish Marubozu at 09/30/2025 12:45 indicate a shift in momentum towards the upside, suggesting potential further price appreciation. The dominance of buyers in the market is evident, and bullish momentum is likely to persist.
Lithium Americas Corp. (NYSE: LAC) shares experienced a remarkable surge of over 90% by noon on Wednesday, September 25, 2025, driven by a combination of government actions, General Motors Co. (NYSE: GM) commitments, and retail investor enthusiasm. This rally triggered a Golden Cross, a bullish indicator signaling positive momentum ahead
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1].
The catalyst for this surge was a report that the Trump administration is seeking up to a 10% equity stake in Lithium Americas' Thacker Pass lithium project as part of a DOE loan renegotiation. Bloomberg first reported the DOE's reevaluation of the $2.3 billion loan, citing concerns over cheaper Chinese lithium. Reuters later revealed the administration's intent to secure equity and require GM, the sole Phase 1 offtaker, to relinquish some control over the project
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1].
Analysts, including JPMorgan's Bill Peterson, note that while GM's commitment offers support for Thacker Pass' continued development, the details of any revised loan or offtake agreements remain unclear. Peterson also pointed out that Lithium Americas' offer of no-cost warrants for 5–10% of its shares could dilute shareholders if exercised, adding another layer of uncertainty
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1].
Technically, LAC's stock has triggered a Golden Cross, with its 50- and 200-day simple moving averages (SMAs) crossing upwards, indicating bullish momentum. The moving average convergence/divergence (MACD) is at 0.31, while the relative strength index (RSI) has risen to an overbought level of 86.5. The 20-day SMA supports the short-term bullish momentum, although slight selling pressure is present. The stock's surge is likely amplified by low liquidity and a short interest around 12% of the float, creating a classic short-squeeze environment
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1].
The broader significance of Lithium Americas' surge lies in the U.S. government's increasing willingness to take direct equity stakes in companies vital to domestic supply chains, particularly where China dominates. This trend could set a precedent for other DOE-backed firms like Plug Power Inc. (NASDAQ: PLUG) or EVgo Inc. (NASDAQ: EVGO), though strategic importance will likely dictate which companies are next
Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake[1].
For lithium bulls, Thacker Pass is now about politics as much as chemistry. The stock's surge may seem extreme, but it reflects a new era where Washington is becoming an active equity investor in critical materials.
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