Pivoting from Bitcoin mining to AI data center compute power; notable 10% stake mentioned.

Successfully pivoting from Bitcoin mining to AI-focused data centers.

Pivoting from Bitcoin mining to AI infrastructure to leverage existing energy moats.

Successfully emerged from bankruptcy and pivoted to AI hosting through a massive deal with CoreWeave.

Pivoting to AI data centers; holds high-value grid-connected power assets.

Secured $1 billion from Morgan Stanley to pivot 10% of sites into AI data centers.

Fund has established a massive position in the asset.

Acts as a primary supplier for AI infrastructure; seen as a vertically integrated bet on AI hosting and transition.

Plans to sell the bulk of its holdings in 2026 to fund a pivot into Artificial Intelligence.

Selling Bitcoin holdings to pivot operations toward AI data centers.