SpaceX's Colossus Deal Puts Elon Musk Directly in Bitcoin Miners' AI Pivot Lane!

Anthropic has struck a deal to tap the full compute power of SpaceX's Colossus 1 facility in Memphis — 220,000 Nvidia processors and 300 megawatts of capacity — landing Elon Musk's infrastructure squarely in the market Bitcoin miners have been racing to enter. The agreement immediately helped Anthropic double Claude Code rate limits and remove peak-hour caps for Pro and Max subscribers.

For Bitcoin miners, the competitive picture just got harder. CoinShares estimates listed miners could generate up to 70% of revenue from AI by year-end, up from roughly 30% today, and that miners with secured HPC contracts already trade at 12.3x EV-to-NTM sales versus 5.9x for pure-play operators. The sector's AI theme has risen 56% over the past month, outpacing baskets tied to chips, data centers, and broader infrastructure.

The underlying scarcity driving all of this is power. Artemis projects a…