Crypto-AI Convergence Ten
Christian@miamidegen
−23.8%
since Oct 2
The idea
I believe crypto and AI are converging, and I want exposure to both sides of that trade. The bulk of the basket owns former bitcoin miners that now rent their cheap power and built-out sites to AI companies, so they can win even if bitcoin stalls. A smaller sleeve holds token treasury stocks tied to decentralized-AI networks like Bittensor, since I can't hold those tokens directly. I keep some cash to add into the swings rather than avoid them, and I'd rethink this if AI demand for that power stopped showing up in these companies' numbers.
What it owns
- Former bitcoin miners have shifted to renting their existing power infrastructure and facilities to AI companies at scale. · IREN LimitedIt converted mining operations into a GPU cloud rental business serving AI companies while retaining access to low-cost power., Core ScientificIt repurposed bitcoin mining sites into multi-billion-dollar AI hosting facilities under long-term customer contracts., TeraWulfIt operates nuclear-powered datacenters that serve both mining and AI companies, leveraging stable low-cost electricity as a competitive advantage., Applied DigitalIt leases purpose-built datacenter capacity to AI companies, converting former mining infrastructure into high-margin hosting revenue., Cipher MiningIt is transitioning from mining to AI hosting services, positioning itself as a lower-priced alternative to operators already established in datacenter leasing., Hut 8It operates flexible power infrastructure capable of serving mining or AI hosting based on market prices, adapting to whichever use generates higher returns.62%
- These companies hold decentralized-AI tokens on their balance sheets, offering stock-based exposure to tokens that cannot be held directly in traditional accounts. · TAO SynergiesIt holds a substantial Bittensor treasury, providing stock-based access to the TAO token and the decentralized-AI network., Interactive StrengthIt holds a major token position in a decentralized AI network, so its stock price moves with both the company's operations and the token's role in that ecosystem.28%
- Cash10%