Hyperscale Data just dumped its Bitcoin mining operations in Michigan, repurposing the entire facility for AI computing — and they’ve already locked in a massive 10-year deal worth over $1.2 billion, with potential to hit $3 billion if the client expands. The company is offloading mining rigs to fund the pivot, betting big on AI’s boom while acknowledging the risks tied to client expansion and regulatory hurdles. With stock down despite a recent split, this bold move could reshape their future — or become their biggest gamble yet.
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