10 EF

A report by Bernstein suggests that Bitcoin miners, specifically Iris Energy and Core Scientific, are well-positioned to aid in the development of artificial intelligence (AI) data centers due to their substantial power supplies and operational capabilities. Bernstein has given both miners 'outperform' ratings, projecting significant growth in Bitcoin's value, forecasting it to reach $200,000 by 2025, $500,000 by 2029, and over $1 million by 2033. The report highlights recent partnerships and agreements in the sector, indicating a shift towards AI integration within Bitcoin mining operations.

A report by Bernstein suggests that Bitcoin miners, specifically Iris Energy and Core Scientific, are well-positioned to aid in the development of artificial intelligence (AI) data centers due to their substantial power supplies and operational capabilities. Bernstein has given both miners 'outperform' ratings, projecting significant growth in Bitcoin's value, forecasting it to reach $200,000 by 2025, $500,000 by 2029, and over $1 million by 2033. The report highlights recent partnerships and agreements in the sector, indicating a shift towards AI integration within Bitcoin mining operations.