The pure-play bet on AI neocloud. Maximum leverage on the hyperscaler CapEx cycle with concentrated counterparty risk and a stretched financial model.
Market cap
$28.6B
24h
Journal / Roundup
The compute economy is the stack that runs AI: power, silicon, facilities, cloud, and the applications built on top. This roundup isolates the ten names currently drawing the most capital and attention, ranked by market capitalization and 24-hour price movement.
The pure-play bet on AI neocloud. Maximum leverage on the hyperscaler CapEx cycle with concentrated counterparty risk and a stretched financial model.
Market cap
$28.6B
24h
Nebius holds a central link in the Compute Economy: renting online computing power built for AI. Its strength is a clear position in a supply-constrained…
Market cap
$40.2B
24h
Riot holds a land-and-energy link in the Compute Economy: vast grid-connected sites, built for Bitcoin mining and now coveted by AI. Its asset is that…
Market cap
$5.5B
24h
TeraWulf holds an energy-and-hosting link in the Compute Economy: power sites inherited from Bitcoin mining, redirected toward AI. Its strength is rare access to electricity,…
Market cap
$6.7B
24h
NBC tracks BTBT as evidence of structural shift in compute economics. The company's pivot from BTC mining to dual-layer infrastructure ownership—Ethereum staking plus AI/HPC exposure—validates…
Market cap
$337.0M
24h
One of the most differentiated listed theses in AI hosting build-out: 12-year contracted revenue, indirect CoreWeave exposure without the neocloud growth premium, residual BTC optionality.…
Market cap
$4.8B
24h
IREN holds a pivot link in the Compute Economy: the one where an energy infrastructure built for Bitcoin reconverts into computing capacity for AI. It…
Market cap
$10.3B
24h
One of the most vertically integrated theses in listed mining: Bitmain ASIC heritage + global DC deployment. Mid-cap profile with re-rating optionality if the AI…
Market cap
$1.6B
24h
Bet on the BTC→AI transition of a historical player with differentiating Nordic renewable access. Volatile mid-cap profile.
Market cap
$567.0M
24h
CleanSpark holds a conversion link in the Compute Economy: it turns energy into computing power to secure the Bitcoin network. Its true nature is that…
Market cap
$2.2B
24h
This list changes as prices move and market caps shift. For the full universe, filter by layer, region, and asset class on the live NeonBridge Compute Tracker.
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