比特币矿企正在迎来双重利好，其股价因加密货币价格上涨和向人工智能（AI）基础设施的战略转型 而飙升，这不仅提振了短期市场情绪，更可能从根本上重塑其长期投资价值。 目前，许多比特币矿企的估值逻辑仍主要基于其挖矿业务，但市场可能低估了其作为"电力资产"的内在 价值。摩根士丹利强调，"企业价值/瓦特"（EV/Watt）是评估此类公司价值的一个关键但被市场忽视的 指标。 数据显示，美国比特币矿企拥有约6.3吉瓦已投入运营的大型站点，另有2.5吉瓦在建产能。报告指出， 许多矿企当前的"企业价值/瓦特"远低于其作为数据中心基础设施的潜在价值，这为投资者提供了一个 显著的价值错配和潜在的Alpha机会。 受比特币价格近期高点以及业务多元化消息的提振，多家比特币矿企股票在周二盘前交易中大幅上涨。 其中，Bitfarms和Iren领涨，涨幅分别达到11.85%和11.60%；Hive Digital Technologies上涨6.82%， TeraWulf上涨3.68%，CleanSpark和BitFuFu也录得不同程度的涨幅。 这一轮上涨的直接驱动力显而易见。一方面，比特币价格的走强直接提升了矿企挖矿业务的盈利能力和 资产 ...

Group 1 - The company has entered into a formal agreement to acquire 2,200 units of S21XP HYD Bitcoin mining machines for a total cost of $21.8526 million, which will be financed through convertible bonds, warrants, and profit shares [1] - The acquisition of Bitcoin mining machines and proposed BM acquisitions are strategic moves to enhance the company's competitive advantage in the digital assets, blockchain, and Bitcoin mining sectors, aiming to become Hong Kong's first listed "Bitcoin Hash Rate Stock" [2] - The total hash rate is projected to reach approximately 2,100,000T within three years, with an annual production target of around 350 Bitcoins and a planned reserve of over 1,000 Bitcoins [2] Group 2 - The company believes that the agreements will provide long-term financial returns and value for shareholders, solidifying its leadership position in the Bitcoin mining business among Hong Kong-listed companies [3] - The acquisition will diversify revenue sources and enable the company to capitalize on rapidly expanding opportunities in the digital assets and blockchain sectors [3]

Group 1 - Citigroup and JPMorgan have upgraded the rating of Bitcoin mining company Riot Platforms (RIOT.US) and adjusted ratings for other major Bitcoin mining stocks [1] - Citigroup analyst Peter Christensen noted that recent dynamics in high-performance computing/AI, including partnerships like Oracle and OpenAI's $300 billion infrastructure collaboration, prompted a reassessment of Riot's planned high-performance computing/AI capacity [1] - Citigroup raised Riot's rating from "Neutral" to "Buy/High Risk" and increased the target price from $13.75 to $24 [1] Group 2 - JPMorgan analysts estimated a 50% probability that Riot, Cipher (CIFR.US), and IREN (IREN.US) will sign high-performance computing hosting agreements for their remaining capacity [2] - JPMorgan believes Riot has the highest relative upside potential (+14%) among its peers [2] - IREN's rating was downgraded from "Neutral" to "Underweight," but the target price was raised from $16 to $24 [2]

Core Viewpoint - Bernstein analysts raised the target price for Bitcoin mining company IREN to $75, approximately 80% higher than the closing price on Tuesday, while maintaining an "outperform" rating [1] Group 1: Financial Projections - Analysts expect IREN's AI cloud business revenue to reach $500 million by early 2026 [1] - The current number of GPUs has increased to 23,000 [1] Group 2: Company Valuation - Bernstein attributes 87% of the company's enterprise value to AI and hosting services, with only 13% attributed to Bitcoin mining [1] - IREN's current market capitalization is $12.2 billion, surpassing MARA to become the largest publicly traded Bitcoin mining company [1]

The big story is these Bitcoin miners are getting that bid from the HPC scene. This is not going away – it’s only getting stronger. Where a lot of people thought this was going to cool off, we’re interested to see on the ground level how this plays out. What portion of these facilities are going to be Bitcoin mining versus HPC? Are they going to do that hybrid model, or completely scrap and go towards HPC?We saw some major breakouts in the market this week. Cipher Mining was up 39% this week to $10.32. Bitf ...

消息面上，阳光油砂发布公告，于2025年9月14日，与国际比特币矿机设备供应商BitCruiser Incorporated(Bitcruiser)，签订非约束性战略合作协议。根据协议，双方将在加拿大阳光油砂拥有的片区 共同建立大型比特币矿埸，公司负责项目所需的电力，天燃气能源及办公住宿仓储设备房等配套设施， Bitcruiser公司则负责投资比特币挖矿设备及矿埸建设运营，公司与 Bitcruiser 公司己达成共识，尽快组 建双方合作团队，针对矿场开发与营运制订实施计划。 智通财经APP获悉，阳光油砂(02012)涨超35%，早盘一度涨超50%。截至发稿，涨35.35%，报0.67港 元，成交额999.19万港元。 ...

阳光油砂(02012)涨超35%，早盘一度涨超50%。截至发稿，涨35.35%，报0.67港元，成交额999.19万港 元。 消息面上，阳光油砂发布公告，于2025年9月14日，与国际比特币矿机设备供应商BitCruiser Incorporated(Bitcruiser)，签订非约束性战略合作协议。根据协议，双方将在加拿大阳光油砂拥有的片区 共同建立大型比特币矿埸，公司负责项目所需的电力，天燃气能源及办公住宿仓储设备房等配套设施， Bitcruiser公司则负责投资比特币挖矿设备及矿埸建设运营，公司与Bitcruiser公司己达成共识，尽快组建 双方合作团队，针对矿场开发与营运制订实施计划。 ...

格隆汇9月15日｜阳光油砂(2012.HK)高开13.3%，报0.56港元。消息面上，公司公布，与国际比特币矿 机设备供应商BitCruiser Incorporated，签订非约束性战略合作协议。根据协议，双方将在加拿大阳光油 砂拥有的片区共同建立大型比特币矿埸，公司负责项目所需的电力，天燃气能源及办公住宿仓储设备房 等配套设施，Bitcruiser公司则负责投资比特币挖矿设备及矿埸建设运营，公司与Bitcruiser公司已达成共 识，尽快组建双方合作团队，针对矿场开发与营运制订实施计划。战略协议的期限为6个月，期限界满 时，任何一方均可终止或延长协议。BitCruiser Incorporated是一家比特币矿机维修与优化服务的全球领 先企业，专注于为加密货币挖矿产业，提供高效可靠的ASIC矿机解决方案。 ...

Core Viewpoint - Sunshine Oil Sands (2012.HK) has signed a non-binding strategic cooperation agreement with BitCruiser Incorporated to establish a large-scale Bitcoin mining site in Canada [1] Group 1: Agreement Details - The agreement outlines that Sunshine Oil Sands will provide the necessary electricity, natural gas energy, and accommodation/storage facilities for the project [1] - BitCruiser will be responsible for investing in Bitcoin mining equipment and the construction and operation of the mining site [1] - Both parties have agreed to quickly form a cooperation team to develop and implement plans for the mining site [1] Group 2: Agreement Duration and Termination - The strategic agreement has a duration of six months, during which either party can terminate or extend the agreement upon expiration [1] Group 3: Company Background - BitCruiser Incorporated is a leading global company specializing in Bitcoin mining machine maintenance and optimization services, focusing on providing efficient and reliable ASIC mining solutions for the cryptocurrency mining industry [1]

格隆汇9月14日丨阳光油砂(02012.HK)宣布，于2025年9月14日，与国际比特币矿机设备供应商 Bitcruiser，签订非约束性战略合作协议。根据协议，双方将在加拿大阳光油砂拥有的片区共同建立大型 比特币矿埸，公司负责项目所需的电力，天燃气能源及办公住宿仓储设备房等配套设施，Bitcruiser 公 司则负责投资比特币挖矿设备及矿埸建设运营，公司与 Bitcruiser 公司己达成共识，尽快组建双方合作 团队，针对矿场开发与营运制订实施计划。 ...