This is a fascinating rotation. Leopold Aschenbrenner, ex-OpenAI, is reportedly short Nvidia and AMD and going long Bitcoin miners for a $13.6B AI bet. Read that again. Everyone is chasing GPUs. He’s chasing POWER. The AI boom isn’t just a chip story anymore. It’s an electricity and data center story. Miners already: → Control massive power contracts → Own energy-dense infrastructure → Operate large-scale compute facilities If the bottleneck shifts from silicon to watts, the valuation narrative flips. This isn’t anti-Nvidia. It’s a regime shift trade. From chip scarcity to power scarcity. The smartest capital is moving down the stack. Most accounts are selling hype or fishing for engagement. I’m here to decode where the real money is positioning. If you’re not following yet, you’re missing structural alpha ⚡