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Crypto

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

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

Summary

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 & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →