Bitcoin Miners Emerge as ‘Power Landlords’ of AI Boom—And Revenue Will Surge: Bernstein – Decrypt
In brief Bernstein initiated coverage on TeraWulf (WULF) and Cipher Digital (CIFR) with “Outperform” ratings. Bitcoin miners have signed 17 deals worth over $110 billion in the past two years, contracting 6 GW of power to AI hyperscalers. Bernstein projects AI revenue across its coverage to grow ninefold, from $1.2 billion in 2026 to $10.7...
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