Miner Capitulation and AI Pivot Continue

Miners selling BTC (MARA 15k, Riot 3.8k) and pouring billions into AI with 15:1 capex-to-revenue ratio. Hashrate decline persists. VanEck's capitulation signals reinforce bottoming thesis. H100 Group loss. Ki Young Ju bottom call aligns with capitulation signals. Lyn Alden and Jamie Coutts also call the bottom, adding weight to the thesis.