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Bitcoin miner Riot could pay Anthropic 12% interest under $28 billion AI deal

CoinDesk
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Bitcoin miner Riot could pay Anthropic 12% interest under $28 billion AI 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.

Key Takeaways

  1. Riot has sold most of its bitcoin to fund its move into data centers.
  2. Its latest agreement gives Anthropic a way to finance part of the build and collect interest through rent deductions.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.