Third Point: Core scientific investment focused on bitcoin miners and AI infrastructure

Tird Point, in its Q2 13F document, disclosed the possession of 54,000 shares of Core Science, marking the Agency ' s investment at the interface between Bitcoin miners and AI infrastructure. This was not a direct purchase of bitcoin, but an investment in the equity of a company that built its identity around the mining infrastructure of bitcoin. As the demand for AI grows, miners ' infrastructure is gradually being reused, and Third Point investments indicate that institutional capital is focusing on the potential value of these assets. While this hold-up does not imply a direct accumulation of bitcoin, it shows that institutional investors may have access to Bitcoin-related infrastructure through equity rather than direct purchase of bitcoin。