Compass Point analysts Michael Donovan and Ed Engel believe the market is undervaluing crypto miners like Cipher and TeraWulf due to their AI data center pipelines and billions of dollars in signed leases.
Bitcoin miner TeraWulf secured a $19 billion, 20-year AI infrastructure lease with Anthropic and sold its majority stake in an AI data center JV.
Bitcoin miner TeraWulf secured a 20-year, $19 billion lease with AI firm Anthropic for its Kentucky campus, marking a major strategic pivot.
Bitcoin miners are increasingly positioned as crucial "power landlords" for the AI boom, with analysts predicting significant revenue growth for these energy-rich operations.