Bitcoin Miner Ditches Site for AI Deal That Could Top $1.2 Billion

Bitcoin miner abandons its current site to secure an AI partnership projected to generate $1.2 billion in revenue, with two contract extensions required to reach that figure; an optional expansion of computing capacity could push total earnings above $3 billion, signaling massive demand for AI‑driven mining power and potentially boosting sector valuations as firms chase high‑margin, data‑intensive workloads.