Bitdeer is pivoting from BTC hashing to AI compute, pledging 200 MW of IT load by 2026 and projecting $2 billion in annual recurring revenue from its IA business. This shift signals a broader industry move toward AI and HPC, not just coins. Investors are clearly watching the AI-data-center thesis take center stage. [1]
• IREN has led the charge, up about 500% on AI-data-center excitement, while CIFR climbs around 300% and BTDR roughly 30% in a single day, according to Bloomberg [2].
• Financing and deals underline the pivot: IREN issued about $1 billion in bonds; Cipher Mining struck a Google-backed Fluidstack AI deal valued at roughly $3 billion over 10 years [2].
• Needham analyst John Todaro sums it up: miners are valued for AI and HPC opportunities, not BTC, marking a multi-year AI compute growth narrative [2].
Bitdeer’s 200 MW target is a concrete bet on AI compute—a signal the industry’s best-known growth lever is shifting from hash rate to GPU workloads. If the push hits 2026 milestones, expect the AI-data-center thesis to move from hype to real earnings power. [1][2]
References
“Bitdeer estimates that it will earn $2 billion in annual recurring revenue [from its IA business].”
Bitdeer projects $2B ARR for IA; plans 200 MW IT load by 2026, signaling AI ambitions.
View source🚨 Yeni trend: $IREN – Kripto madenciliğinden AI veri merkezlerine dönüşümün sembolü. Kripto madenc
Mining firms pivot from Bitcoin to AI data centers; IREN, CIFR, BTDR rally as AI compute gains prominence
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