🧠 Compute x Capital: The VanEck $NODE Thesis in Action Meta just unveiled 2+ GW of new AI data center projects (LA & OH), part of its plan to invest “hundreds of billions” in compute infrastructure. What’s powering this AI wave? The same energy and infrastructure stack behind Bitcoin mining. This is exactly what VanEck’s $NODE ETF is built to capture: The convergence of AI, Bitcoin, and the real-world rails that support them. Here’s what that looks like across the map: 🔌 $WMB (Williams) - Gas Infrastructure for Compute. Built the Socrates South gas plant to power Meta’s AI campus in Ohio. Now signed a $1.6B deal for on-site gas + power delivery to an unnamed hyperscaler, likely another AI expansion. Why it matters for Bitcoin? WMB’s back-end gas pipelines and generation can equally serve high-density Bitcoin mining operations (which increasingly require reliable, dedicated power), positioning them as a supplier to both camps. ⚡ $ETR (Entergy) - The Energy Spine of Louisiana’s Compute Boom. Building $3B+ in gas, grid, and renewables for Meta’s Richland Parish AI campus. One of Louisiana’s most BTC-friendly utilities, powering Hut 8’s 1 GW hybrid AI/BTC complex near River Bend nuclear. With one of the largest nuclear fleets in the U.S. and a track record of flexible industrial service, ETR is becoming the go-to utility for both AI hyperscalers and Bitcoin miners across the Gulf South. 🏭 $BTDR (Bitdeer) Repurposing a 570 MW industrial site in Clarington, OH for both HPC and Bitcoin mining. Ohio’s compute potential is under-appreciated, and politically energized with BTC bull Vivek Ramaswamy gaining in the gubernatorial race. 🛠️ $HUT (HUT8) - Louisiana’s Dual-Use Compute Frontier Building a 1GW hybrid AI & Bitcoin campus in West Feliciana Parish, Louisiana, just upriver from Meta’s site. Louisiana is fast becoming a strategic compute corridor, with grid, gas, and nuclear assets enabling both Bitcoin mining and hyperscale AI. 📈 VanEck $NODE (Onchain Economy ETF): Ties it all together. From hashrate to inference cycles, from energy infrastructure to token rails. Lower volatility, long only exposure to digital assets and the associated infrastructure & apps. TL;DR: AI and Bitcoin are converging on the same wires, gas lines, and substations. $NODE is how we invest in that convergence.