News linked to both this project and an event.
Odaily News: AI data center operator DataVita has announced securing £300 million (approximately $406 million) in funding to expand its artificial intelligence data center campus at the AI Growth Zone in Lanarkshire, Scotland.The funding was provided by a consortium consisting of ING, ABN AMRO, Spain's Santander Bank, the Scottish National Investment Bank, and Siemens Financial Services, with the UK National Wealth Fund guaranteeing £202 million of the loans.DataVita stated that the funds will be used to expand its existing DV1 data center and construct the new DV3 facility. Upon completion, both DV1 and DV3 will each provide 40MW of power capacity, adding a total of 80MW of new capacity. Currently, AI cloud computing provider CoreWeave has already pre-leased the full capacity of both data centers under a 15-year lease term. CoreWeave primarily provides computing infrastructure services to multiple leading AI model developers. (Bloomberg)
CryptoQuant analyst Axel Adler Jr. stated that Bitcoin may have entered a new accumulation zone, but the potential structural bottom for this cycle remains around $48,000. Currently, Bitcoin’s post-adjustment seller risk ratio indicator shows that unprofitable supply is beginning to surpass profitable supply, and unrealized pressure on holders is rising significantly. Meanwhile, the Cumulative Value Destroyed Days (CVDD) valuation model indicates that Bitcoin’s structural bottom for this cycle is approximately $48,000.