Bitcoin Miners Sit on Prime-Power Assets as the AI Pivot Accelerates

Bitcoin Miners Sit on Prime-Power Assets as the AI Pivot Accelerates
As the crypto-mining industry evolves, firms are shifting strategy from pure Bitcoin extraction toward high-performance computing tied to artificial intelligence (AI). A report from Canaccord Genuity highlights that miners holding prime-location power assets are best positioned for the transition. While Bitcoin mining remains the main revenue driver, the narrative is expanding: mining firms are becoming infrastructure businesses, blending crypto and AI.