Bitcoin Slide Meets 5.7% Bond Yields: Neoclouds Get Hit From Both Sides
The former Bitcoin (CRYPTO:BTC) miners that rebuilt themselves as AI data-center landlords are getting squeezed from two sides Thursday. Bitcoin is sliding again, and long-term borrowing costs keep climbing for a group that funds its buildouts with debt. Shares of Cipher Digital Inc. (NASDAQ: CIFR ), Riot Platforms Inc