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HIVE Digital Technologies Executive Chairman Frank Holmes stated in an interview with Bitcoin Magazine that governments around the world will continue to print money, potentially reaching 100 trillion dollars, which makes him optimistic about Bitcoin and gold. He pointed out that Bitcoin miners already possess the electricity, land, and substations required for AI, and referred to Bitcoin mining as a "tier one data center."Holmes introduced that HIVE had previously used GPUs for mining Ethereum to enter the AI field, and he believes the next wave of AI factories will be built on mining infrastructure from Paraguay to Canada. He also discussed how ETFs can transform Bitcoin from "fear trading" to "love trading," as well as how players and the younger quantitative trading community are driving Bitcoin adoption.Additionally, he mentioned Binance's 19 billion dollar liquidation and 350 trillion dollars in money supply, 40 trillion dollars printed during the COVID-19 pandemic, global MMT risks, Bitcoin mining in China with 1.4 trillion dollars in loans, central banks purchasing gold, the Central Bank of Paraguay and Bitcoin mining exports, and computing power as a commodity, along with Canada's AI advancements and the electricity advantages of Bitcoin miners.

Elon Musk stated that he is cautiously optimistic that the SpaceX version of the VR72 will be able to operate at an average power close to 250 kilowatts, which means the peak power will be about 10% higher.

According to The Information, sources say that SpaceX's AI department had discussions with Microsoft over leasing computing power during the summer. This indicates that, after initial resistance, Musk has fully embraced the "new cloud" business.

According to The Wall Street Journal, the U.S. stock-listed Bitcoin mining company PowerCompute (Nasdaq: PWCM) has fully repaid and terminated its Bitcoin collateralized credit line with Arch Lending.The credit line was settled on the reset date of September 24, with Arch selling approximately 267.3 of the 307 collateralized BTC to repay about $22.45 million in principal, interest, and fees, with approximately 39.6 BTC returned to the company.PowerCompute stated that the settlement was carried out as planned and was not due to additional margin calls or forced liquidations.After repayment, the company's secured debt decreased from approximately $19.4 million at the end of June to about $1.25 million, holding approximately 62 BTC as of September 25. The company announced it will exit the leveraged Bitcoin treasury strategy, with Bitcoin being used as operating capital for equipment procurement and expansion.

The tokenized asset data platform RootData has officially reached a strategic cooperation with Coinone, a mainstream cryptocurrency exchange in South Korea. According to the cooperation arrangement, Coinone will access and utilize the data resources provided by RootData to write public research reports, conduct market trend monitoring and research, and systematically review the relevant information of assets listed on the platform.Coinone, established in 2014, is one of the earliest cryptocurrency exchanges in South Korea, with relatively strict internal standards for asset security and information disclosure. This cooperation will further enhance Coinone's capabilities in project information transparency and market analysis, helping it better serve users and comply with regulatory requirements.RootData's collaboration with the South Korean exchange also marks the extension of its data services to more mainstream trading platforms in South Korea. Currently, RootData has established data partnerships with a series of South Korean partners, including TokenPost, Etoday, Nexblock, Tiger Research, and Kimpga, with the total number of data partners exceeding 240.

NVIDIA CEO Jensen Huang stated that the statement reached at the White House is highly binding.

Artificial intelligence startup Anthropic disclosed in its confidential IPO filing that it has signed an agreement with SpaceX to pay up to $84.5 billion for AI computing resources based on NVIDIA chips by 2029.The agreement can be terminated with 90 days' notice.

The decentralized AI infrastructure project 0G's computational digital asset Infinite AI (iAI) will open public minting today at 09:00 UTC / 17:00 Beijing time on iai.finance. This is the first landing product of Compute Finance proposed by 0G: transforming staking from "reissuing a bunch of homogeneous tokens" to "a daily spendable AI computing power quota."The issuer has pre-minted the first batch of 2,000 iAI on September 28 according to the same minting curve and locked 0G as collateral for initial liquidity on comfy.fun. Public minting will not open a separate bypass; all will follow the same collateral model.

Noah Shinn, founder of Personal AI Agent Instinct, stated that the company's user base has been growing by about 10% to 11% daily in recent weeks, leading to a corresponding demand for computing power that is close to doubling each week. He now spends about 40% of his time considering how much computing power to purchase in advance.Shinn indicated that computing power cannot be procured in sync with user growth. Purchasing only double the current computing power would be exhausted in about a week; buying five times would run out in less than three weeks; directly purchasing ten times would mean a significant upfront investment. Many resources need to be booked months in advance, and the price for temporarily supplementing computing power could be three to four times higher. He mentioned that purchasing too little makes it difficult to support growth, while purchasing too much would amplify costs when growth slows down.He estimates that even if the daily growth rate drops from 10% to 5% to 8%, after continuous growth for 3 to 4 months, it may still be necessary to prepare computing power for a scale of 100 million users, and the waiting time for new computing power to come online would be roughly the same. He believes that this is more challenging than scaling consumer internet products like Instagram and Facebook, because each new user of the personal agent continuously consumes a large amount of model inference. He stated that Instinct's current scaling speed is even faster than similar situations encountered by Claude Code and Codex in the past.

On September 24, Zach Pandl, the research director of the cryptocurrency asset management company Grayscale, published an article in the column The Stack stating that in the wave of artificial intelligence, the demand and supply paths for the computing power required to train, run, and operate models are diverging. Grayscale believes that this imbalance favors owners of already powered and operational computing capacity and brings growth-oriented investment opportunities.Zach Pandl stated that digital demand can expand instantly, but physical infrastructure such as electricity, data centers, chips, memory, and cloud services takes years to approve, access, and build. When artificial intelligence agents perform multi-step tasks, they may consume 5 to 50 times more compute tokens than typical chatbot interactions, and increased application layer activity will transmit to the underlying computing infrastructure.The article cites data from the International Energy Agency and Lawrence Berkeley National Laboratory, stating that data centers are expected to account for about half of the growth in electricity demand in the United States by 2030, and new projects may take more than five years to connect to the grid. Even if electricity is secured, permits, specialized labor, electrical equipment, cooling systems, GPUs, high-bandwidth memory, and networks are still needed. Continuous value will flow to power producers, data center operators, and artificial intelligence cloud service providers that can convert electricity into computation.

According to Forbes, Bitcoin approached $90,000 earlier this month. Meanwhile, global debt continues to rise, and the "currency depreciation trade" surrounding the decline in purchasing power of fiat currency has become one of the factors driving up assets like Bitcoin and gold.Data from the Institute of International Finance shows that global debt increased by $10 trillion in the first half of this year, surpassing $365 trillion in total. The U.S. debt has exceeded $40 trillion, with annual interest payments rising to $1.27 trillion, surpassing defense and Medicare spending, and only lower than Social Security spending. The institute warns that as benchmark interest rates rise, interest costs will also increase.Nic Puckrin, founder of Coin Bureau and cross-asset analyst, stated that the current environment is favorable for "currency depreciation assets" like Bitcoin and gold, which is part of the reason for Bitcoin's recent rise. The larger the debt of major economies, the more likely it is to suppress real borrowing costs and allow inflation to erode the real value of debt, thereby enhancing the attractiveness of such trades.Analysts from The Kobeissi Letter pointed out that the purchasing power of the dollar has declined by 23% since 2020; if assets only increased by 30% during the same period, investors have essentially just broken even in terms of real purchasing power. The U.S. inflation rate has been above the Federal Reserve's 2% target for 60 consecutive months.

According to Euronews, Kazakhstan is promoting cryptocurrency mining companies to utilize the remaining associated gas from oil fields to build their own power stations, in order to reduce natural gas flaring, alleviate pressure on the national power grid, and increase oil production.Data shows that the country will flare about 300 to 340 million cubic meters of associated gas in 2024, which, if used for power generation, is expected to produce 1.2 to 1.3 terawatt-hours of electricity. Currently, the Ministry of Energy of Kazakhstan and other departments are formulating the relevant legal framework.

Fidelity Investments Global Macro Director Jurrien Timmer posted on X, discussing Bitcoin prices and the power law model.Jurrien Timmer stated: The power law mathematics of Bitcoin continues to indicate that after holding the $60,000 level, a new cyclical bull market is unfolding, with a target of reaching $300,000 by 2029.

A data center developer supported by an affiliate of Blue Owl Capital announced a bond issuance to raise $1.1 billion, betting on AI computing power, to fund the Digital Drive data center project near Richmond, Virginia. This data center has an IT capacity of 76 megawatts and will be fully leased by CoreWeave under a 15-year, $2.94 billion contract, expected to be operational from 2027 to 2028.

According to Bloomberg, a data center developer supported by an affiliate of Blue Owl Capital announced a bond issuance to raise $1.1 billion to bet on AI computing power, funding the Digital Drive data center project near Richmond, Virginia.The data center has an IT capacity of 76 megawatts and will be fully leased by CoreWeave under a 15-year, $2.94 billion contract, expected to be operational from 2027 to 2028.

Market news indicates that Powerlaw is considering a strategic sale of part of its SpaceX shares to raise funds for dividends, tax distributions, and new private market investments.

During an exclusive interview with China Central Television's finance program, Tesla CEO Elon Musk stated that China's AI large models are overall outstanding. He mentioned that, under limited computing power, the output per unit of computing power of Chinese models is already close to the world's top level.Musk assessed that China will solve the computing power bottleneck faster than most people expect. He roughly estimated that in the next 2 to 3 years, China could bridge the computing power gap relying on lithography technology and chip manufacturing capabilities.