According to FT, since November last year, Bitcoin mining companies such as Mara Holdings, Riot Platforms, and CleanSpark have raised over $3.7 billion from investors and then used those funds to purchase Bitcoin. These companies typically raise funds through zero-interest (or near-zero-interest) convertible notes. Core Scientific's Chief Development Officer Russell Cann stated, "The demand for artificial intelligence in the U.S. will greatly affect how much Bitcoin mining can increase," predicting that most of Bitcoin's computing power will be outside the U.S. in the coming years.