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via coindesk.comTech & AI

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

FROM THE WIRE · COINDESK.COM

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.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe deal marks a bitcoin miner's shift toward AI data centers, with possible effects on the stock and bitcoin.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Riot has sold most of its bitcoin to fund its move into data centers.
  2. 02The agreement gives Anthropic a way to finance part of the build.
  3. 03Anthropic can collect interest through rent deductions.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
BitcoinBTCUSDCrypto80,251.33 USD-0.12%today -0.19%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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