Brian Dobson

Bitcoin miners are pivoting to AI data center infrastructure, signing new contracts and breaking ground. CleanSpark recently signed its first contract, showing the pivot is gaining traction. Companies like HUT, Core Scientific, and Terawulf have the teams and long-lead-time products in place to execute, and the environment for data center demand is rich as hyperscaler capex moves closer. The analyst is bullish on these names for the next 6-12 months.

Bitcoin miners are pivoting to AI data center infrastructure, signing new contracts and breaking ground. CleanSpark recently signed its first contract, showing the pivot is gaining traction. Companies like HUT, Core Scientific, and Terawulf have the teams and long-lead-time products in place to execute, and the environment for data center demand is rich as hyperscaler capex moves closer. The analyst is bullish on these names for the next 6-12 months.

Bitcoin miners are pivoting to AI data center infrastructure, signing new contracts and breaking ground. CleanSpark recently signed its first contract, showing the pivot is gaining traction. Companies like HUT, Core Scientific, and Terawulf have the teams and long-lead-time products in place to execute, and the environment for data center demand is rich as hyperscaler capex moves closer. The analyst is bullish on these names for the next 6-12 months.

Strategy (formerly MicroStrategy) sold Bitcoin for the first time as a capital allocation tactic to keep instruments near par, enabling continued capital raising and Bitcoin purchases. The company remains best-of-breed and can generate incremental satoshis per share, which acts as earnings power and should command a premium to its Bitcoin holdings. A rally in Bitcoin to $100,000 would be a massive driver, and the analyst forecasts 7% Bitcoin yield next year with a price target of $2011.

Bitcoin miners are pivoting to AI data center infrastructure, signing new contracts and breaking ground. CleanSpark recently signed its first contract, showing the pivot is gaining traction. Companies like HUT, Core Scientific, and Terawulf have the teams and long-lead-time products in place to execute, and the environment for data center demand is rich as hyperscaler capex moves closer. The analyst is bullish on these names for the next 6-12 months.

SpaceX offers an attractive entry point after its pullback from highs, with strong earnings power from AI and Starlink connectivity; sum-of-the-parts valuation yields a $217 target, with the AI division as the primary value driver and Starship as a key catalyst.