Blockfusion signs 15-year, 300 MW contract for AI loads
- —Guaranteed 85 MW take-or-pay will yield about $2.8 billion over 15 years
- —With a 25-year extension, revenue could reach $5.4 billion
- —The campus will be expanded from 50 MW to 300 MW with an upgrade to Tier 3
- —A merger with SPAC Blue Acquisition and a $175 million note issuance are proceeding in parallel
Why it matters: Another miner is shifting to AI infrastructure, reducing the share of capacity dedicated to bitcoin and intensifying competition for energy.
Source: Crypto Briefing