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I just saw that Bitdeer sold all of its Bitcoin to pivot into AI data centers. This move is interesting because it seems like they are serious about changing their business model. They used to focus on Bitcoin production, but now it looks like AI infrastructure is their new direction.
I wonder, what is their production and value proposition in this new space? It seems like a big gamble, but it also makes sense if they know where the market is headed. The data center business is really growing now because of the AI boom. Hopefully, they know what they’re doing because this kind of pivot is a bit risky.
Do you guys see potential in this, or does it seem like a desperate move?