Bitcoin Miners Are Attractive Partners to Build Artificial Intelligence Data Centers: Bernstein

Bitcoin Miners Are Attractive Partners to Build Artificial Intelligence Data Centers: Bernstein


Bitcoin miners have secured ample power supplies and operating capabilities and can help companies build AI data centers, the report said. Bernstein initiated coverage of miners Iris Energy and Core Scientific with outperform ratings. The broker remains a bitcoin bull and forecasts the token reaching $200,000 by 2025, $500,000 by 2029 and more than $1 million by 2033.

Bitcoin (BTC) miners are attractive partners to help build artificial intelligence (AI) data centers, due to their available power supplies and operating capabilities, broker Bernstein said in a research report on Tuesday.

Recent AI deals including Core Scientific’s (CORZ) 12-year agreement with CoreWeave and

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