Market Update
Over the last week, both the AI infrastructure and Bitcoin mining sectors posted minor gains. Leopold Aschenbrenner鈥檚 investment fund reflected this trend. Here are his top 6 best performers among all holdings:
Major Company Updates
- TeraWulf announces Anthropic lease at Justified Data Campus and sale of majority interest in Abernathy joint venture to Fluidstack (link)
- Galaxy completes Phase I of its Helios data center campus, delivering 133 megawatts of critical IT load to CoreWeave (link)
- MARA signs agreement with HIF to acquire strategic powered land site in Texas (link)
- WhiteFiber announces cross-data-center AI infrastructure innovation delivering 111.2 Tbps bandwidth with sub-millisecond latency across 83km (link)
- Bitdeer to open $36 million advanced tech manufacturing facility in Sparks, bringing 70 high-tech jobs to Nevada (link )
- Keel Infrastructure appoints Ganesh Aiyer as president (link)
- Cango Inc. announces effective date and ratio for share consolidation (link)
TeraWulf has become the first pivoting Bitcoin miner to secure a multi-billion-dollar colocation agreement with Anthropic. Beyond the headline figures, the economics of the deal stand out. According to our tracker, this is one of the few colocation deals priced at > $2 million per MW per year.
馃憖 Teaser: We鈥檙e currently building a dedicated valuation model tool for hyperscaler deals like this one. More details coming soon.
As always, feel free to drop us a message for any suggestions, feedback, or just to say hi.
Thanks for being part of our journey - see you next week!
Cindy & the Ziven Team 馃挏