Bitcoin miner Riot could pay Anthropic 12% interest under $28 billion AI deal
Summary
Bitcoin miner Riot sold most of its digital currency holdings to support its transition into data center operations. Under a new agreement, Anthropic can help finance construction costs and receive interest payments via deductions on rent.
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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