Bitcoin miner Riot could pay Anthropic 12% interest under $28 billion AI deal
Summary
Bitcoin miner Riot has sold most of its digital assets to pivot toward data center operations. Under a new agreement, the company could pay Anthropic an interest rate of twelve percent through rent deductions as part of a massive artificial intelligence deal.
Riot has sold most of its bitcoin to fund its move into data centers. Its latest agreement gives Anthropic a way to finance part of the build and collect interest through rent deductions.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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