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HIVE eyes $45 million a year from AI deal at its Boden facility

HIVE eyes $45 million a year from AI deal at its Boden facility
AI summary

Bitcoin miner HIVE says its Boden facility could bring in $45 million in annual revenue through an AI computing deal. The arrangement is still only a nonbinding letter of intent from June, with executives negotiating financing and customer protections. Traders watching miners' diversification into AI hosting will see this as a potential revenue stream, but the lack of a binding contract limits how much weight to give it.

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