[Former OpenAI Researcher Bets on Bitcoin Miners' Power Infrastructure] 24-year-old former OpenAI researcher Leopold Aschenbrenner has allocated nearly 20% of the $5.5 billion hedge fund Situational Awareness LP that he manages (approximately $1 billion) to Bitcoin mining stocks. He values the industrial-grade power infrastructure and grid access of miners, rather than the price of Bitcoin. Aschenbrenner's investment portfolio includes Core Scientific, Iris Energy, Cipher Mining, Riot Platforms, and Hut 8, all of which are accelerating their transition into the AI sector. Analysts point out that the value of miners' energy infrastructure has surpassed Bitcoin itself, becoming a critical resource contested by AI companies.