Manage episode 522653851 series 3570269
We trace Kevin O’Leary’s pivot from Bitcoin skeptic to investor and dig into why Bitzero is building a power-first platform for AI compute and mining. CEO, Mohammed Bakhashwain lays out hash rate growth, Finland’s heat reuse plan, and how cheap energy and permits beat hardware hype.
• ETF approval as the inflection for institutional crypto
• BTC and ETH capturing most crypto alpha
• Stablecoin laws shaping Bitcoin as digital gold
• Bitzero positioned as power and real estate operator
• Sub-six-cent power as the core moat
• Hyperscaler demand shifting to 1.4 GW readiness
• Norway proof, public listing, positive cash flow
• 2 to 2.5 EH now, 70 MW ramp to 6–10 EH
• Finland gigacampus, district heating integration
• Balancing short-term mining with year-ahead AI loads
• Grid limits, remote sites, and renewable integration
• Separate capital tracks for miners and HPC
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Chapters
1. Welcome And Guest Introductions (00:00:00)
2. Kevin O’Leary’s Bitcoin Turning Point (00:01:04)
3. Bitcoin, Ethereum, And Regulatory Clarity (00:03:00)
4. BitZero As A Power-First Real Estate Play (00:05:25)
5. Why Sub-Six-Cent Power Wins (00:07:20)
6. Finland Gigacampus And Hyperscaler Demand (00:08:59)
7. Permits, Relationships, And The Real Moat (00:11:15)
8. BitZero’s Hashrate, Cash Flow, And Growth (00:13:45)
9. Heat Reuse And District Heating In Finland (00:17:05)
10. Scale, Alberta Gas, And Power Constraints (00:18:56)
11. Site Selection And Renewable Strategy (00:25:20)
12. Balancing AI Compute And Bitcoin Mining (00:29:05)
13. Funding Miners Versus HPC Capital (00:31:30)
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