According to @KobeissiLetter, the US and Saudi Arabia are set to announce a multi-billion-dollar investment into American AI infrastructure through dozens of investments, forming part of a broader $600 billion pledge to invest in the US. Source: @KobeissiLetter. The report specifies the focus is US AI infrastructure with multiple transactions rather than a single deal, highlighting scale and breadth relevant to capital allocation and deal flow tracking. Source: @KobeissiLetter. No details on timing, individual counterparties, or specific AI infrastructure segments were disclosed beyond the scale and the $600 billion pledge. Source: @KobeissiLetter. There is no mention of cryptocurrencies or digital assets within the announcement details provided. Source: @KobeissiLetter.

According to @AnthropicAI, the company will build its own AI infrastructure by constructing data centers in Texas and New York, representing a $50 billion U.S. investment expected to create thousands of American jobs. Source: Anthropic newsroom; @AnthropicAI on X. Texas is a leading U.S. hub for Bitcoin (BTC) mining and has experienced periodic grid curtailments during peak demand, highlighting miners’ exposure to electricity costs. Source: Reuters; ERCOT. New York enacted a two-year moratorium on new fossil-fueled proof-of-work mining in 2022, making local energy policy a key operational factor for crypto miners. Source: Reuters. The announced build adds confirmed large-scale data center demand to regions already flagged for rising electricity loads by the IEA, while BTC mining economics remain heavily driven by power prices per the Cambridge Bitcoin Electricity Consumption Index. Source: IEA Electricity 2024; Cambridge CCAF.