Nebius Group Surges to 129th in Daily Rankings with $613 Million Turnover Despite Stock Decline

On June 2, 2025, Nebius Group (NBIS) saw a significant increase in trading volume, with a turnover of $613 million, marking a 104.71% rise from the previous day. This surge placed Nebius at the 129th position in the daily stock market rankings. However, despite the high trading volume, the stock price of Nebius Group has been on a downward trend, falling 1.99% and marking the fourth consecutive day of decline, with a total decrease of 9.54% over the past four days.

Nebius Group recently announced a private placement of senior unsecured convertible notes totaling $1 billion. The offering is divided into two tranches: $500 million in 2.00% convertible notes due in 2029 and $500 million in 3.00% convertible notes due in 2031. This move is part of the company's strategy to secure additional capital to support its rapid expansion and global AI infrastructure footprint.

Arkady Volozh, the founder and CEO of Nebius, expressed satisfaction with the successful raising of $1 billion in convertible notes, highlighting the strong conviction of the investment community in the company's business. Since the $700 million equity financing in December 2024, Nebius has been scaling rapidly and expanding its global AI infrastructure. The fresh capital will enable the company to accelerate its growth, paving the way for increased revenue opportunities in 2026 and further advancing towards its medium-term target of mid-single-digit billions of dollars in revenue as a high-margin business.

Nebius Group also confirmed its full-year core Annual Recurring Revenue guidance, which is expected to be between $750 million and $1 billion. The company is on track to deliver $1 billion in ARR in 2025 and expects to reach positive adjusted EBITDA in the second half of the year. The proceeds from the issuance of the notes will be used to finance the continuing growth of its business, including the acquisition of additional compute power and the expansion of its data center footprint.