Several crypto mining companies pivoted to AI data centers, secured multi‑billion deals, and leveraged energy and infrastructure advantages to deliver outsized stock performance.
The Trump brothers brought two things to the table: access to capital markets through their international business connections and a strong narrative associated with the Trump family name.
In early 2022, when Mohawk Energy initiated a crypto mining project in Jenkins, Kentucky, locals were hopeful for economic revival, but operations have since dwindled significantly.