AI × CryptoNeutralCryptoSlate · 11h ago7/10
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Bitcoin mining costs has surged past $70,000, and Wall Street is funding miners’ AI escape hatch
Bitcoin mining costs have surged above $70,000, prompting Wall Street to invest billions in public mining companies not for crypto exposure but as power infrastructure plays for AI data centers. Financial institutions view these miners as valuable assets with critical power and permitting infrastructure needed for AI expansion.
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