Bitcoin Mining Stocks Expected to Rise Thanks to AI Boom According to a recent report by American Wall Street investment bank Bernstein, publicly traded Bitcoin mining companies are poised to see their stock prices surge thanks to the burgeoning AI boom. The report highlights the "asymmetric power" of Bitcoin miners in a world facing resource constraints. AI cloud providers are recognizing the synergy between the miners' infrastructure and data centers. Setting up and connecting a data center to the energy grid can take up to four years. However, utilizing Bitcoin mining energy could reduce this time by 75%. Bernstein believes that the market has yet to fully appreciate the potential of Bitcoin mining companies. As they evolve into "energy assets," these companies are expected to experience significant growth in the coming years.