According to CoinMeta, and as reported by The Block, NASDAQ-listed company Hyperscale Data has shut down all Bitcoin mining machines at its data center located in Michigan in the United States, reusing the site for AI computing infrastructure. The company has signed a 20MW main service agreement with a cloud service provider in California, expecting to generate approximately $1.2 billion in revenue over 20 years. The agreement includes an option to expand capacity to 32MW, which, if exercised, could result in total revenue exceeding $3 billion. Hyperscale Data sold 830 BTC to realize about $53 million in cash; it currently holds 275 BTC, valued at around $21.2 million. The company still operates about 10MW of Bitcoin mining capacity in Montana in the United States and is exploring the possibility of expanding capacity by another 125MW.