Makes total sense @BitfuryGeorge ; saw the article as well: It's pretty clear that a major contributor to USA GDP growth is catalyzed / driven by the AI buildout and the margin accrual has concentrated into the silicon and hardware infra layer - that's obvious of course, and the wave is still young. The ramifications on the supply chain for power, buildouts, more silicon and reinvestment in end nodes to run it are as large or larger than the uplift to the chip sector over time..

.@KiteVC was an early backer of Zoom and Canva. At the YZi Labs Convergence Summit, @ellazhang516 asked Bill what he saw in those founders before the consensus. Bill's answer: "Companies are piles of people united by culture. And in the word 'culture' is the word 'cult.' I'm looking for founders who can be the cult leader — someone who gets people to follow them on their mission." Mission-driven teams deliver incredible output that money can't buy.

I can't overstate how far this team has come. US Bitcoin Corp started lean, hungry, and ambitious. At the end of 2023, we merged with Hut 8, and a few months later, I became CEO. Everything that we’ve achieved since then is the work of our team. We've moved faster and gone further than anyone thought possible — and our ambition is only growing. I'm incredibly proud of what this team has built and honored to lead it every day. Now let’s keep building!

Hut 8 is officially a Great Place to Work® @GPTW_US. This certification, based on an anonymous employee survey, reflects the pride we take in our work, the trust our leadership team has earned, and the camaraderie that unites our teams. Our culture is what makes ambitious work possible. Hut 8 is building a platform designed to evolve alongside energy-intensive technologies for decades to come, and execution at that scale takes alignment, accountability, and trust. We're hiring across our platform. Come build with us:

I sat down with Hut 8 CEO @ashergenoot to discuss how he built a $12 billion company by embracing AI data centers and bitcoin mining. This conversation is packed with unique, nuanced insights into an industry that everyone is obsessed with right now. Enjoy! YouTube: Apple: Spotify: TIMESTAMPS: 0:00 - Intro 0:45 - Bitcoin mining to AI: the transition 3:09 - Data centers & community pushback 8:52 - Co-location & energy campuses 11:42 - Mega sites vs. smaller urban campuses 13:08 - Hardware innovation inside the data center 17:15 - How Hut 8 lands billion-dollar contracts 20:01 - The River Bend financing structure 24:19 - Build vs. acquire strategy 25:18 - Bottlenecks slowing AI buildout 27:36 - What keeps Asher up at night 30:40 - American Bitcoin update $HUT

Ken Griffin just revealed the only thing he actually looks for when hiring at Citadel. Not your GPA. Not your pedigree. Not your internship list. He wants one type of person: the athlete who excelled academically. Here's why that combination matters to him. The athlete knows what it takes to win. They've also felt what it's like to lose. That experience of pushing through both, and still showing up, is something you can't learn in a classroom. The academic side tells him something different. It tells him the person knows how to manage their time. That they have the discipline to apply their mind under pressure. That when things get hard, they'll find a way through. Griffin calls it perseverance and grit paired with high aspirations. That's the profile he's building Citadel's AI team around. Think about what that means for where the talent wars in finance and AI are headed. The people running the biggest pots of money in the world aren't just looking for quants anymore.

Live from The Convergence at the Computer History Museum 📍 YZi Labs brought together founders, researchers, and investors for an afternoon exploring what happens when AI converges with frontier tech. We've heard from @cz_binance, @KiteVC, and some of the sharpest minds shaping the next decade.

Some big milestones — and some gratitude I want to say out loud. April 2024: Silicon Data was found to bring transparency and benchmarks to compute May 2025: we launched the world’s first GPU index. A real, rigorous benchmark in a market that had been operating in the dark. Today: we’re partnering with @CMEGroup to license our index for futures and options, with trading going live later this year. GPU compute is becoming a tradable asset class. Our index will sit at the center of it. But none of this is about the announcement. It’s about the people. To the @Silicon_Data team — you have poured your hearts into this. The data pipelines, the methodology — every line carries your fingerprints. The midnight engineering calls, week after week. The debates about edge cases that mattered to no one but us, because we knew they’d matter to everyone later. Rome wasn’t built in a day, and it wasn’t built by one person. It was built by people who showed up and cared about the work. That’s what we have here. I’m grateful beyond words. Kudos to every single one of you. Onward. 🫡