That's a big move. Cango is essentially using the volatility to their advantage, selling part of their BTC holdings to fund a pivot into AI infrastructure. They must be confident in the potential benefits of AI and see more growth opportunities in this space than in Bitcoin.

Cipher Mining and TeraWulf are buys, MARA a sell, as Morgan Stanley begins bitcoin… $BTC The bank argues that Cipher's and TeraWulf’s data centers should be valued like infrastructure assets with long-term, stable cash flows, rather than as pure bitcoin play… - CoinDesk

BREAKING: Morgan Stanley initiated coverage of bitcoin miners, rating Cipher Mining and TeraWulf as buys and Marathon Digital Holdings (MARA) as a sell.

🚨 @HIVEDigitalTech : Near term collaboration with Hyperscaler - 🇺🇸 AWS is getting more imminent 👀 🤝 Cc: $CRWV $IREN $CIFR $BITF FYI: 🇺🇸 AWS is now looking for liquid cooled GPU requirements for their AI / HPC datacenters with the planned $200B+ capex increase. ✅ Craig Tavares, President and COO of @HIVEDigitalTech HPC / AI on building long-duration digital and energy infrastructure engineered to scale with the world’s most demanding AI compute. ✅ Tavares' prior experience at Aptum, where he forged AWS partnerships, further strengthens HIVE's positioning. ✅ In the video, Tavares discusses HIVE's approach to developing scalable digital and energy infrastructure for demanding AI workloads. He emphasizes the advantages of upgrading existing "brownfield" power sites (like HIVE's facilities in Canada, Sweden, and Paraguay) over building new "greenfield" ones from scratch. Key points include faster time-to-cash-flow (around nine months for upgrades vs. longer for new builds), improved efficiency through power reuse, enhanced redundancy and connectivity to achieve Tier III data center standards (which offer higher uptime and fault tolerance compared to basic Tier I setups), reduced capital intensity and entitlement risks, and a long-term focus on sustainable expansion. ✅ This aligns with HIVE's broader pivot from Bitcoin mining to AI/HPC, leveraging renewable energy sources to power GPU-based cloud services. This positions HIVE as a provider of resilient, eco-friendly infrastructure ready for the AI boom. 🏆 Regarding potential collaboration with AWS: AWS is aggressively expanding its AI and HPC datacenters, with a planned $200 billion+ capital expenditure in 2026, primarily directed toward cloud infrastructure to meet surging demand for generative AI and related workloads. ✅ A significant part of this involves adopting liquid cooling for high-density GPU setups, such as those using NVIDIA's Blackwell series (e.g., GB200 NVL72 racks), to handle power densities exceeding 100-240 kW per rack—far beyond what traditional air cooling can efficiently manage. AWS has developed custom solutions like the In-Row Heat Exchanger (IRHX) for direct-to-chip liquid cooling, enabling retrofits in existing facilities while supporting hybrid air-liquid systems. This is evident in initiatives like Project Ceiba, a massive AI supercomputer co-built with NVIDIA using liquid-cooled racks for unprecedented scale. 🏆 HIVE's expertise in operating energy-efficient, high-density GPU environments (from its mining background) and its focus on renewable-powered Tier III upgrades make it a logical fit for partnerships in this space. The company is actively building AI cloud platforms, such as in Paraguay and a recent $17.25 million CAD acquisition of a Toronto data center for GPU hosting. 🧠 While no direct HIVE-AWS collaboration has been announced as of early 2026, the overlap in needs—AWS seeking scalable, liquid-cooled capacity amid its capex surge, and HIVE offering green, ready-to-deploy sites—suggests a high possibility. 🤝 This could take the form of colocation, GPU cloud services, or joint renewable energy projects, especially as hyperscalers like AWS prioritize sustainability and rapid deployment to avoid bottlenecks in AI growth.

$crypto $COIN Bitcoin mining company Cango sells 4,445 BTC to repay secured loans, exposing profitability pressure

Morgan Stanley initiates Overweight on $WULF & $CIFR ​Thesis: The "REIT Endgame". ​Morgan Stanley is no longer valuing them just as Bitcoin miners. They are pricing them as future AI/HPC Data Center Landlords. ​Numbers: $WULF: Target $37 (~159% upside) $CIFR: Target $38 (~157% upside) ​As they pivot to High-Performance Computing (HPC), their revenue quality shifts from volatile crypto rewards to stable, 15-year lease contracts. We know infrastructure is the new alpha.