Arthur Hayes says AI crash bailout would benefit Bitcoin
Image: BeInCryptoFormer BitMEX CEO Arthur Hayes expects the AI data center buildout to overbuild and crash. He expects governments and central banks to inject liquidity afterward. Hayes said Bitcoin and other crypto would soak up that excess liquidity. He made the comments to CNBC at the Gamma Prime Investing Conference in Singapore. He expects the test around 2027 or 2028. Hayes said he is not shorting AI companies.
Key points
- Arthur Hayes is the former CEO of BitMEX and spoke at the Gamma Prime Investing Conference in Singapore.
- Hayes expects the AI data center buildout to overbuild and end in a crash.
- He expects governments and central banks to inject liquidity after the AI crash.
- Hayes says Bitcoin and other crypto would benefit from the excess liquidity.
- Hayes expects the AI investment test around 2027 or 2028 and is not shorting AI.
Why it matters
Hayes is a former BitMEX CEO. His view links an AI downturn to a liquidity boost for Bitcoin. Bitcoin recently traded at $84,045, down 1.66%, with $403.58 million in leveraged longs liquidated in one hour.
What's unclear
Whether AI demand will grow enough to justify the data center spending, which Hayes acknowledges as a possible scenario.
How Bitcoin miners that leased capacity to AI tenants would hold up if an AI crash reaches those tenants.
Price context · BTC
At publication
$84,223.00
Now
$84,202.00
Change since
−0.02%
7 days · dashed line = publication
Sources · 2 publishers
U.Today
Tier 2
Possible AI Crash Bullish for Bitcoin, Hayes Says
Coverage timeline
- First reported by BeInCrypto
- Confirmed by U.Today
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
