Google-backed stock jumps after new AI deal

Bitcoin mining is officially a legacy business. TeraWulf’s net loss just exploded to $427 million—over twelve times its total revenue—yet the stock is hitting 52-week highs because they’re pivoting to AI. With Google pouring billions into their infrastructure, it’s clear the real value of these sites isn't the crypto they produce, but the AI they host. Is Bitcoin mining now just a stepping stone to a more profitable industry, or is this a massive bubble? What’s your take?
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