$BTC $GIGGLE Mining company stocks soar 30% on the news of a BTC mining-to-AI data center pivot—has the crypto cycle reached another turning point?
The most surreal moment today: while BTC is falling, mining-company shares are going crazy. IREN is up 30.54%, Bitdeer up 24.72%, Riot Platforms up 21.27%, CleanSpark up 21.07%, and HIVE Digital up 18.34%—and the reason is reportedly that the hedge fund Situational Awareness, backed by a former OpenAI researcher, was forced to liquidate its stock portfolio. After Citadel stepped in, mining-company shares rebounded violently.
But behind it is a bigger trend: BTC mining companies are疯狂转型 into AI data centers. Profitability from hashpower mining keeps getting thinner, while demand for AI compute is exploding. The electricity infrastructure that powers mining is naturally suitable for AI training, so mining firms are already starting to “play outside their lane.”
A BTC miner pivot to AI is like people switching from digging gold mines to building railways back then—maybe the real money isn’t in mining itself, but in controlling the underlying infrastructure.
Do you think mining companies turning to AI is a reluctant move, or the start of the next big market run?
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M a r v i n Marvin|Havana’s dog—Elon Musk’s longest companion!
Multiple tweets to celebrate its birthday; in interviews he openly said he wants to bring it to Mars. Named the “Mars dog,” perfectly syncing with SpaceX. High narrative potential—an enormous dog you can’t miss.
#Marvin #比特币挖矿难度较年内高点降14% #美国将视协议取消对伊朗打击