On April 7th, Anthropic reached its largest computing partnership to date, collaborating with Google and Broadcom to secure next-generation TPU computing power with several gigawatts starting in 2027. Meanwhile, its annual revenue grew from $9 billion at the end of 2025 to $30 billion. The rapid expansion of AI infrastructure is becoming a direct competitor to Bitcoin mining for scarce energy resources, which include network access, land, cooling capacity, and cheap electricity. Today, AI has become one of the largest new sources of electricity demand in the United States. Under pressure from rising costs and a fluctuating economy, major Bitcoin mining companies are increasingly shifting toward supporting AI workloads, positioning themselves as providers of electricity and data center infrastructure, while continuing to mine Bitcoin rather than acting solely as mining companies.