Guojin Securities: Overseas crypto mining farms are transforming into AI computing centers

According to a Guojin Securities research report from Odaily Planet Daily, crypto mining companies are emerging as new entrants into the AI data center market, thanks to their low electricity prices and large approved power quotas. Most crypto mining companies are currently preparing to transition to AI data centers, but their strategies and progress vary. We recommend focusing on companies that are more aggressive in their AI data center transformation, have clear AI computing capacity expansion plans and power guarantees, and whose combined market value of holdings, stock holdings, and current contract value are trading at a discount to their current stock price. (Jinshi)