Listen to the audio version of this article (generated by AI).
Editor’s Note: One of the things I appreciate most about Jonathan Rose is that he doesn’t stop at the headline. He asks the next question.
In this case, it wasn’t “what is Bitcoin doing?” but “why are the miners behaving differently?” That’s the kind of thinking he and Marc Chaikin unpack in their Convergence presentation. If you haven’t watched it yet, I’d encourage you to set aside a little time. I think you’ll see the market a bit differently afterward.
In today’s guest essay, Jonathan explains why many of these miners are quietly becoming AI infrastructure plays — and why that shift is still in its early stages, with plenty of runway left. Plus, he identifies three companies that stand to benefit.
Read on for all the details.
