My investment thesis was that Bitzero has power and other investors are definitely coming to this theme. They have power contracts at very attractive prices. So a company like Bitzero that has power, land, permits, and fiber, becomes very attractive to many different constituencies. In addition to that, with the war in the Middle East, they have a geography with very good stability. If you're gonna spend billions of dollars, whether it's manufacturing or whether it's building AI compute or whatever it is, you want stability. And of course, Norway and Finland are legendary for that.
My investment thesis was that Bitzero has power and other investors are definitely coming to this theme. They have power contracts at very attractive prices. So a company like Bitzero that has power, land, permits, and fiber, becomes very attractive to many different constituencies. In addition to that, with the war in the Middle East, they have a geography with very good stability. If you're gonna spend billions of dollars, whether it's manufacturing or whether it's building AI compute or whatever it is, you want stability. And of course, Norway and Finland are legendary for that. ♬ original sound - Mr. Wonderful
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