Bitcoin Miners Need $50B for AI Pivot as IREN Faces $21B Funding Gap
Public Bitcoin miners are increasingly being valued as AI infrastructure companies, but turning that narrative into reality could require roughly $50 billion in near-term capital, according to a new framework highlighted by Blocksbridge Consulting’s latest Miner Weekly newsletter. Using data from VanEck, the report argues that miners need long-term financing to convert power assets into...
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