Google is secretly bankrolling a $5 billion Bitcoin pivot using a shadow credit mechanism

Search engine giant Google has emerged as a silent architect behind Bitcoin miners’ rapid pivot towards artificial intelligence (AI). Instead of acquiring mining firms, the Alphabet-owned com...

By · · 1 min read
Google is secretly bankrolling a $5 billion Bitcoin pivot using a shadow credit mechanism

Source: CryptoSlate

Search engine giant Google has emerged as a silent architect behind Bitcoin miners’ rapid pivot towards artificial intelligence (AI). Instead of acquiring mining firms, the Alphabet-owned company has provided at least $5 billion of disclosed credit support behind a handful of BTC miners’ AI projects. While markets often frame these announcements as technology partnerships, the […]