Bitcoin miners don't need bitcoin. The have the most vaulable asset on the planet right now...The Datacenter!
As local municipalities push back on New datacenter development / expansion, and bitcoin price takes a dump...existing infrastructure currently used by BTC miners will get reallocated to AI with AI hosting agreements or straight up mining acquisitions.
$NVDA just gave us the gameplan. NVIDIA did not record any china sales for H-20 chips. Nor does it expect to for Q3. Bookmark this. Set a reminder...
Any Tariff deal that allows for chips to china will be a boon for NVIDIA.
$IINN is trading at $1.50 pre-market, up 20.48% from the previous close of $1.245, with volume of 1,034,782 shares. The pre-market range has been $1.27 to $1.60, and the market cap is $32.5 million.
The move coincides with a Benzinga report that the company released full-year 2024 financial results and provided business updates.
$LASE is trading at 4.79 in the pre-market, up 94.72% on volume of 39,772,163 shares. The pre-market range spans a high of 5.18 and a low of 3.815 versus a previous close of 2.46.
A Benzinga headline cites a strong Q2 earnings beat and strategic growth initiatives as context for the move, noting shares jumped after hours.