Investment research firm Bernstein has reaffirmed its overweight stance on the Bitcoin mining sector, arguing that partnerships between Bitcoin miners and artificial intelligence companies ar
Investment research firm Bernstein has reaffirmed its overweight stance on the Bitcoin mining sector, arguing that partnerships between Bitcoin miners and artificial intelligence companies are not optional but structurally necessary as AI data centers run into hard power supply limits.
According to a Thursday research note, Bernstein’s deal tracker logged a new AI-related Bitcoin mining agreement every week in July. Combined contracted capacity across those deals has surpassed 7.5 gigawatts, equivalent to more than $150 billion in multi-year contract value.
