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Frank Holmes Says $100 Trillion Will Be Printed, Advocates Bitcoin and Gold

Frank Holmes explains why Bitcoin mining is a 'tier one' AI data center and expects $100 trillion in money printing, favoring Bitcoin and gold.

01/10/2026 21:426 min read

AI requires power, land, and substations — resources Bitcoin miners already possess. Frank Holmes, executive chairman of HIVE Digital Technologies, describes why he labels Bitcoin mining as a "tier one" data center. He details how Ethereum-mining GPUs pivoted HIVE into artificial intelligence, and forecasts that future AI factories will arise on mining infrastructure spanning from Paraguay to Canada.

The interview covered the following topics:

  • HIVE's evolution from gold investor to Bitcoin miner to AI compute.
  • How ETFs transformed Bitcoin from a "fear trade" to a "love trade."
  • The $19 billion Binance liquidation and the $350 trillion money supply.
  • Gamers, younger quants, and ongoing Bitcoin adoption.
  • Covid's $40 trillion of money printing and global MMT risk.
  • China, Russia, and Bitcoin as a "tier one" data center.
  • China's Bitcoin mining, $1.4 trillion of lending, and central bank gold buying.
  • Paraguay's central bank and Bitcoin mining as an export.
  • Compute as a commodity: Canada's AI push and Bitcoin miners' power advantage.

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