Bitcoin Miners Hold $100 Billion in AI Deals, But Revenue Still Lags

Bitcoin miners are increasingly betting on artificial intelligence as a second business line. Across the industry, these companies have now signed contracts worth an estimated $100 billion tied to AI computing and data center services. The figure reflects a broader shift among mining firms seeking to diversify beyond volatile cryptocurrency rewards. Despite the scale of these agreements, actual revenue generated from AI deals remains limited so far. Many contracts are structured as long-term commitments that will pay out over years rather than immediately. That timing mismatch is now showing up clearly in corporate earnings.