VivoPower Shifts Focus from Crypto Mining to AI Infrastructure Amid Market Repositioning
VivoPower International PLC (VVPR) shares dipped 5.36% to $2.385 as the company announced a strategic pivot toward sovereign AI compute infrastructure. The energy firm is deprioritizing cryptocurrency mining operations—previously a cornerstone of its Power-to-X strategy—in favor of higher-margin AI data centers and power-constrained markets.
The shift reflects broader industry trends where AI computation demand now surpasses crypto mining as the optimal use case for energy-intensive infrastructure. VivoPower's vertically integrated model, tested through Caret Digital and Vivo Federation platforms since 2021, will now prioritize land assets and data centers tailored for sovereign AI needs.
Concurrently, the company is evaluating the sale of its 682MW U.S. solar portfolio, with potential capital redeployment into AI-focused assets. This realignment mirrors the crypto market's ongoing diversification beyond pure-play mining ventures into adjacent high-growth sectors.