Bitcoin miner to AI landlord: Microsoft signs $9.7B deal with BTC miner IREN
Microsoft’s $9.7 billion contract with a Texas miner reveals the brand new math pushing crypto infrastructure towards AI, and what it means for the networks left behind. IREN’s November 3 announcement collapses two transactions right into a single strategic pivot. The first is a five-year, $9.7 billion cloud companies contract with Microsoft, whereas the second…
