Li&ecirc;n minh C&#417; s&#7903; h&#7841; t&#7847;ng Tr&iacute; tu&#7879; Nh&acirc;n t&#7841;o (AIP), m&#7897;t t&#7853;p &#273;o&agrave;n do GIP c&#7911;a BlackRock d&#7851;n &#273;&#7847;u v&#7899;i c&aacute;c th&agrave;nh vi&ecirc;n nh&#432; Nvidia, Microsoft v&agrave; xAI, &#273;ang mua l&#7841;i Aligned Data Centers t&#7915; Macquarie v&#7899;i gi&aacute; k&#7927; l&#7909;c 40 t&#7927; USD &#273;&#7875; m&#7903; r&#7897;ng n&#259;ng l&#7921;c AI quan tr&#7885;ng.
Matthew Sigel c&#7911;a VanEck cho r&#7857;ng th&#7887;a thu&#7853;n n&agrave;y t&#7841;o ra c&#417; h&#7897;i ch&ecirc;nh l&#7879;ch gi&aacute; &#273;&aacute;ng k&#7875; cho c&aacute;c c&ocirc;ng ty khai th&aacute;c Bitcoin b&#7883; &#273;&#7883;nh gi&aacute; th&#7845;p &#273;&#7875; t&aacute;i &#273;&#7883;nh gi&aacute; c&#7893; phi&#7871;u c&#7911;a h&#7885; b&#7857;ng c&aacute;ch l&#432;u tr&#7919; c&aacute;c m&aacute;y t&iacute;nh AI c&oacute; nhu c&#7847;u cao.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-massive-data-center-acquisition-fuels-ai-capacity">Th&#432;&#417;ng v&#7909; mua l&#7841;i trung t&acirc;m d&#7919; li&#7879;u l&#7899;n th&uacute;c &#273;&#7849;y n&#259;ng l&#7921;c AI</h2>

M&#7897;t t&#7853;p &#273;o&agrave;n &#273;&#7847;u t&#432; m&#7841;nh m&#7869; &#273;ang mua l&#7841;i Aligned Data Centers t&#7915; Macquarie Asset Management trong m&#7897;t th&#7887;a thu&#7853;n ph&aacute; k&#7927; l&#7909;c, &#273;&#7883;nh gi&aacute; c&ocirc;ng ty kho&#7843;ng 40 t&#7927; USD.
T&#7853;p &#273;o&agrave;n n&agrave;y, &#273;&#432;&#7907;c g&#7885;i l&agrave; Li&ecirc;n minh C&#417; s&#7903; h&#7841; t&#7847;ng Tr&iacute; tu&#7879; Nh&acirc;n t&#7841;o (AIP), do Global Infrastructure Partners (GIP) c&#7911;a BlackRock d&#7851;n &#273;&#7847;u. N&oacute; bao g&#7891;m c&aacute;c g&atilde; kh&#7893;ng l&#7891; c&ocirc;ng ngh&#7879; nh&#432; Nvidia, Microsoft, xAI c&#7911;a Elon Musk v&agrave; c&ocirc;ng ty &#273;&#7847;u t&#432; MGX c&#7911;a Abu Dhabi.
B&#7857;ng c&aacute;ch mua l&#7841;i Aligned Data Centers, t&#7853;p &#273;o&agrave;n n&agrave;y c&oacute; &#273;&#432;&#7907;c m&#7897;t danh m&#7909;c l&#7899;n c&aacute;c trung t&acirc;m d&#7919; li&#7879;u chuy&ecirc;n d&#7909;ng, <a href="https://vn.beincrypto.com/blackrock-microsoft-quy-30-ty-usd/" target="_blank" rel="noreferrer noopener">c&oacute; m&#7853;t &#273;&#7897; cao</a>.
C&#417; s&#7903; h&#7841; t&#7847;ng n&agrave;y cung c&#7845;p h&#417;n 5 gigawatt c&ocirc;ng su&#7845;t ho&#7841;t &#273;&#7897;ng v&agrave; d&#7921; ki&#7871;n tr&ecirc;n kh&#7855;p ch&acirc;u M&#7929;. Quy m&ocirc; n&agrave;y r&#7845;t c&#7847;n thi&#7871;t &#273;&#7875; l&#432;u tr&#7919; c&aacute;c kh&#7889;i l&#432;&#7907;ng c&ocirc;ng vi&#7879;c &#273;&ograve;i h&#7887;i t&iacute;nh to&aacute;n cao m&agrave; <a href="https://beincrypto.com/learn/ai-crypto/" target="_blank" rel="noreferrer noopener">c&aacute;c n&#7873;n t&#7843;ng AI v&agrave; &#273;&aacute;m m&acirc;y th&#7871; h&#7879; ti&#7871;p theo</a> y&ecirc;u c&#7847;u.
&#272;&#7897;ng th&aacute;i n&agrave;y c&#361;ng &#273;&#7843;m b&#7843;o quy&#7873;n s&#7903; h&#7919;u c&ocirc;ng ngh&#7879; l&agrave;m m&aacute;t c&#7911;a Aligned, m&#7897;t th&agrave;nh ph&#7847;n quan tr&#7885;ng &#273;&#7875; qu&#7843;n l&yacute; nhi&#7879;t &#273;&#7897; c&#7921;c cao do ph&#7847;n c&#7913;ng AI t&#7841;o ra.
Vi&#7879;c mua l&#7841;i &#273;&aacute;nh d&#7845;u kho&#7843;n &#273;&#7847;u t&#432; &#273;&#7847;u ti&ecirc;n c&#7911;a AIP. Th&#7887;a thu&#7853;n d&#7921; ki&#7871;n s&#7869; ho&agrave;n t&#7845;t trong s&aacute;u th&aacute;ng &#273;&#7847;u n&#259;m 2026.
&#272;i&#7873;u n&agrave;y c&#361;ng &#273;&#432;&#7907;c k&#7923; v&#7885;ng s&#7869; c&oacute; t&aacute;c &#273;&#7897;ng t&iacute;ch c&#7921;c &#273;&#7871;n c&aacute;c c&ocirc;ng ty khai th&aacute;c Bitcoin.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-miners-trade-at-3-million-while-ai-pays-8-million">Th&#7907; &#273;&agrave;o giao d&#7883;ch &#7903; m&#7913;c 3 tri&#7879;u USD trong khi AI tr&#7843; 8 tri&#7879;u USD</h2>

Trong m&#7897;t b&agrave;i &#273;&#259;ng tr&ecirc;n m&#7841;ng x&atilde; h&#7897;i, Matthew Sigel, Tr&#432;&#7903;ng b&#7897; ph&#7853;n Nghi&ecirc;n c&#7913;u T&agrave;i s&#7843;n K&#7929; thu&#7853;t s&#7889; c&#7911;a VanEck, &#273;&atilde; ph&acirc;n t&iacute;ch &yacute; ngh&#297;a c&#7911;a vi&#7879;c mua l&#7841;i &#273;&#7889;i v&#7899;i ng&agrave;nh khai th&aacute;c.
Nh&agrave; ph&acirc;n t&iacute;ch n&agrave;y x&aacute;c &#273;&#7883;nh r&#7857;ng m&#7913;c gi&aacute; 40 t&#7927; USD, khi &#273;&#432;&#7907;c ph&acirc;n b&#7893; tr&ecirc;n 5 gigawatt c&ocirc;ng su&#7845;t d&#7921; ki&#7871;n c&#7911;a c&ocirc;ng ty, c&oacute; ngh&#297;a l&agrave; t&#7853;p &#273;o&agrave;n &#273;ang tr&#7843; 8 tri&#7879;u USD cho m&#7895;i megawatt.
Sigel ch&#7881; ra r&#7857;ng <a href="https://vn.beincrypto.com/bitcoin-mining-big-players-lead-small-struggle/" target="_blank" rel="noreferrer noopener">c&aacute;c c&ocirc;ng ty khai th&aacute;c Bitcoin ni&ecirc;m y&#7871;t c&ocirc;ng khai</a> nh&#432; Riot Platforms, Hut 8 v&agrave; IREN d&#432;&#7901;ng nh&#432; b&#7883; th&#7883; tr&#432;&#7901;ng ch&#7913;ng kho&aacute;n &#273;&#7883;nh gi&aacute; th&#7845;p &#273;&aacute;ng k&#7875;. M&#7863;c d&ugrave; s&#7903; h&#7919;u c&ugrave;ng <a href="https://vn.beincrypto.com/new-york-state-anti-mining-bill-bitcoin/" target="_blank" rel="noreferrer noopener">c&#417; s&#7903; h&#7841; t&#7847;ng &#273;i&#7879;n l&#7899;n</a>, t&agrave;i s&#7843;n c&#7911;a h&#7885; ch&#7881; &#273;&#432;&#7907;c &#273;&#7883;nh gi&aacute; 3 tri&#7879;u USD m&#7895;i megawatt.
S&#7921; ch&ecirc;nh l&#7879;ch 5 tri&#7879;u USD m&#7895;i megawatt n&agrave;y mang l&#7841;i cho c&aacute;c c&ocirc;ng ty khai th&aacute;c m&#7897;t l&#7907;i th&#7871; t&agrave;i ch&iacute;nh &#273;&aacute;ng k&#7875;, &#273;&#7841;i di&#7879;n cho m&#7897;t c&#417; h&#7897;i ch&ecirc;nh l&#7879;ch gi&aacute; ti&#7873;m &#7849;n. C&aacute;c c&ocirc;ng ty n&agrave;y c&oacute; th&#7875; khai th&aacute;c gi&aacute; tr&#7883; n&agrave;y b&#7857;ng c&aacute;ch &#273;i&#7873;u ch&#7881;nh c&#417; s&#7903; c&#7911;a h&#7885; &#273;&#7875; l&#432;u tr&#7919; c&aacute;c m&aacute;y t&iacute;nh AI c&oacute; nhu c&#7847;u cao <a href="https://vn.beincrypto.com/us-lawmaker-bitcoin-stock-buys-under-investigation/" target="_blank" rel="noreferrer noopener">b&ecirc;n c&#7841;nh vi&#7879;c khai th&aacute;c Bitcoin</a>.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;C&aacute;c c&ocirc;ng ty khai th&aacute;c Bitcoin &#273;&atilde; ki&#7875;m so&aacute;t m&#7897;t s&#7889; <a href="https://vn.beincrypto.com/bitcoin-mining-stocks-ai-era-wealth-opportunity/" target="_blank" rel="noreferrer noopener">khu v&#7921;c &#273;i&#7879;n v&agrave; &#273;&#7845;t t&#432; nh&acirc;n l&#7899;n nh&#7845;t</a> &#7903; B&#7855;c M&#7929;,&rdquo; Sigel n&oacute;i v&#7899;i BeInCrypto.
</blockquote>

Th&#7883; tr&#432;&#7901;ng ch&#7913;ng kho&aacute;n hi&#7879;n t&#7841;i xem <a href="https://beincrypto.com/learn/free-bitcoin-without-investment/" target="_blank" rel="noreferrer noopener">c&aacute;c c&ocirc;ng ty khai th&aacute;c Bitcoin</a> nh&#432; nh&#7919;ng &ldquo;c&ocirc;ng ty ti&#7873;n &#273;i&#7879;n t&#7917;&rdquo; bi&#7871;n &#273;&#7897;ng. Tuy nhi&ecirc;n, vi&#7879;c k&yacute; k&#7871;t c&aacute;c h&#7907;p &#273;&#7891;ng d&agrave;i h&#7841;n &#7893;n &#273;&#7883;nh v&#7899;i c&aacute;c nh&agrave; cung c&#7845;p AI l&#7899;n c&oacute; th&#7875; ch&#7913;ng minh r&#7857;ng c&aacute;c &#273;&#7883;a &#273;i&#7875;m c&#7911;a h&#7885; l&agrave; c&aacute;c trung t&acirc;m n&#259;ng l&#432;&#7907;ng c&oacute; gi&aacute; tr&#7883;.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;C&aacute;c th&#7887;a thu&#7853;n g&#7847;n &#273;&acirc;y nh&#432; th&#7871; n&agrave;y x&aacute;c nh&#7853;n r&#7857;ng c&ocirc;ng su&#7845;t &#273;i&#7879;n, kh&ocirc;ng ch&#7881; l&agrave; t&iacute;nh to&aacute;n, l&agrave; ngu&#7891;n t&agrave;i nguy&ecirc;n khan hi&#7871;m nh&#7845;t trong n&#7873;n kinh t&#7871; AI. Th&#7883; tr&#432;&#7901;ng &#273;ang b&#7855;t &#273;&#7847;u nh&#7853;n ra r&#7857;ng c&aacute;c c&ocirc;ng ty khai th&aacute;c s&#7903; h&#7919;u n&#259;ng l&#432;&#7907;ng v&agrave; k&#7871;t n&#7889;i l&#432;&#7899;i &#273;i&#7879;n m&agrave; m&#7885;i ng&#432;&#7901;i kh&aacute;c hi&#7879;n c&#7847;n,&rdquo; Sigel n&oacute;i th&ecirc;m.
</blockquote>

S&#7921; thay &#273;&#7893;i n&agrave;y s&#7869; cho ph&eacute;p th&#7883; tr&#432;&#7901;ng &ldquo;t&aacute;i &#273;&#7883;nh gi&aacute;&rdquo; gi&aacute; tr&#7883; c&ocirc;ng ty c&#7911;a h&#7885; g&#7847;n h&#417;n v&#7899;i m&#7913;c c&#7911;a c&aacute;c doanh nghi&#7879;p trung t&acirc;m d&#7919; li&#7879;u thu&#7847;n t&uacute;y. Sigel g&#7907;i &yacute; r&#7857;ng s&#7921; thay &#273;&#7893;i n&agrave;y c&oacute; th&#7875; d&#7851;n &#273;&#7871;n m&#7913;c t&#259;ng gi&aacute; c&#7893; phi&#7871;u &#273;&aacute;ng k&#7875; t&#7915; 150% &#273;&#7871;n 500% cho c&aacute;c c&#7893; &#273;&ocirc;ng hi&#7879;n t&#7841;i.
Trong khi &#273;&oacute;, c&aacute;c h&#7907;p &#273;&#7891;ng AI d&agrave;i h&#7841;n mang l&#7841;i thu nh&#7853;p &#7893;n &#273;&#7883;nh, &#273;&#7843;m b&#7843;o. &#272;i&#7873;u n&agrave;y r&#7845;t quan tr&#7885;ng &#273;&#7875; &#273;&#7843;m b&#7843;o c&aacute;c kho&#7843;n vay cho vi&#7879;c n&acirc;ng c&#7845;p v&agrave; tr&aacute;nh pha lo&atilde;ng c&#7893; phi&#7871;u cho c&aacute;c c&#7893; &#273;&ocirc;ng hi&#7879;n t&#7841;i.

Thỏa thuận AI trị giá 40 tỷ USD của BlackRock tiết lộ cơ hội kinh doanh chênh lệch giá lớn cho thợ đào Bitcoin