TL;DR A bitcoin miner signed a deal with investment firm Starwood to convert and expand select facilities to support AI data centers. The whole 9 yards of 💩 The Royal Flush here, folks, ready to fold the hypocrisy and call the bluff on another shiny headline. Bitcoin miner Mara (yes, the same folks who treat energy consumption like a hobby for the crypto winter) just popped 17% after announcing a deal with Starwood to convert and expand some facilities into AI data centers. If you’re chasing drama, you’ve hit the jackpot—but like any good tech story, there’s more nuance hiding under the glittering surface than a press release would have you believe. First, let’s admire the swagger. Mara isn’t shy about wearing two hats at once: crypto mining operations and AI data center ambitions. They’re signaling, loud and clear, that the… wait for it… “data center footprint” could be a strategic pivot rather than a one-trick pony. The stock market clearly buys that narrative at least for no...
Ignorance is not a strategy.