Bitcoin miners sent 19,866 BTC to Binance on September 21 as Bitcoin recovered toward $85,000, bringing the flow close to 20,000 BTC after it exceeded 25,000 BTC in August. Miners can use higher prices to fund electricity, maintenance, equipment and other operating costs, although additional exchange supply could pressure prices if proceeds are converted into other assets and then fiat. Bitcoin was trading near $83,500 after dipping below $84,000, while spot Bitcoin ETFs recorded $2.37 billion in monthly net inflows through September 23 and Glassnode reported $5.1 billion in seven-day net realized profit. Investors are increasingly valuing mining sites for their power, grid access and facilities that can support artificial-intelligence and high-performance-computing workloads. AI-focused miner stocks rose 21% year to date, compared with an 8% decline for traditional Bitcoin-mining stocks. AI-linked operations traded at about 12.9 times forward revenue versus 3.7 times for traditional miners, while Core Scientific, IREN and TeraWulf have reported substantial AI or HPC revenue. The shift could slow hashrate growth and reduce miners’ dependence on Bitcoin production, although most contracted capacity remains offline.