Horizon Kinetics is a New York, New York-based financial services company founded in 1994 (with roots dating back to the late 1970s and early 1980s), operating as an independently owned and operated investment boutique. The firm adheres to a long-term, contrarian, fundamental value investment philosophy originally established 26 years ago at Bankers Trust Company. Horizon Kinetics specializes in independent research and active investment management, focusing on identifying undervalued opportunities across various asset classes and sectors. With over 70 employees and primary offices in New York City, White Plains, NY, and Summit, NJ, the company manages portfolios for institutional and individual clients, emphasizing deep fundamental analysis, patience, and disciplined contrarian investing. The firm has no publicly documented direct involvement in cryptocurrency mining operations, hosting, hardware, infrastructure development, funds focused on mining, pools, or cloud mining. There is no evidence of blockchain, digital assets, or Bitcoin-related investments or activities in their public profile or specialties. As of January 2, 2026, Horizon Kinetics is active with ongoing independent research, investment management, and portfolio advisory services.
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In 2010, a pseudonymous miner known as ArtForz launched the first large-scale Bitcoin GPU farm, igniting the mining arms race and permanently altering Bitcoin’s path toward industrialization.




May 2026 Bitcoin Mining & AI Infrastructure Update: Miner stocks explode on AI re-rating (Hut 8 +600% YOY, TeraWulf +800%, IREN surges with Nvidia 5 GW + $3B financing), MARA acquires 505 MW Ohio power plant, TeraWulf advances 285 MW Virginia project, SpaceX discloses $1.45B BTC treasury, plus DMG AI pivot progress, Soluna full ownership of 25 MW Texas site, and Jihan Wu’s solar-mining vision.


