Riot is dumping its Bitcoin to fund a $9.1B AI deal that won’t pay rent until 2027
The Bitcoin miner’s construction budget includes continued treasury sales before phased rent is expected in 2027 and 2028. The post Riot is dumping its Bitcoin to fund a $9.1B AI deal that won’t pay rent until 2027 appeared first on CryptoSlate.
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A 13% dividend is set to force another Bitcoin treasury company into the unthinkable: liquidating its BTC to pay cash
Cash covers about 18 months of the current run rate in a static calculation, while common issuance has already become a funding channel. The post A 13% dividend is set to force another Bitcoin treasury company into the unthinkable: liquidating its BTC to pay cash appeared first on CryptoSlate.
Bitcoin futures carry trades are quietly beating Treasuries at 7.89% driving $850M Wall Street Bitcoin ETF spree
Aug. 7 gross futures carry ranged from 5.69% to 7.89%, above the 4.19% Treasury yield, but public data cannot identify investor motive. The post Bitcoin futures carry trades are quietly beating Treasuries at 7.89% driving $850M Wall Street Bitcoin ETF spree appeared first on CryptoSlate.
Morning Minute: Saylor's Strategy Sells Bitcoin for Second Week in a Row
Strategy dumped $108M in BTC at a loss and a whopping $650M of MSTR stock, and yet MSTR stock barely flinched. What gives?