❗️There’s this 24 year old who got fired from OpenAI named Leopold Aschenbrenner who raised $1B then grew it into $5.5B... IN ONE YEAR
He dumped his Nvidia position and now he's buying every Bitcoin mining company in America. But not because of Bitcoin. Because they already have the two things every AI company is desperate for:
- Power grid access
- Permits that take years to get
It's like buying a bar that already has a liquor license instead of waiting 3 years for one. These companies are already pivoting from crypto to AI hosting. He's buying them before the market prices it in.
The smartest trade in AI right now is not about the chips, it's all about how you get them powered.
@aipost
He dumped his Nvidia position and now he's buying every Bitcoin mining company in America. But not because of Bitcoin. Because they already have the two things every AI company is desperate for:
- Power grid access
- Permits that take years to get
It's like buying a bar that already has a liquor license instead of waiting 3 years for one. These companies are already pivoting from crypto to AI hosting. He's buying them before the market prices it in.
The smartest trade in AI right now is not about the chips, it's all about how you get them powered.
@aipost
❗️There’s this 24 year old who got fired from OpenAI named Leopold Aschenbrenner who raised $1B then grew it into $5.5B... IN ONE YEAR
He dumped his Nvidia position and now he's buying every Bitcoin mining company in America. But not because of Bitcoin. Because they already have the two things every AI company is desperate for:
- Power grid access
- Permits that take years to get
It's like buying a bar that already has a liquor license instead of waiting 3 years for one. These companies are already pivoting from crypto to AI hosting. He's buying them before the market prices it in.
The smartest trade in AI right now is not about the chips, it's all about how you get them powered.
@aipost 🏴
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