Bitcoin
ByteDance Secures $29.6 Billion Unsecured Loan as AI Capex Rivals Bitcoin (BTC) for Capital
COINOTAG·September 4, 2026·1 min read
ByteDance secured a $29.6 billion unsecured loan from nearly 30 banks led by Citigroup and JPMorgan, up from a $20 billion target, to fund overseas AI operations. The deal highlights how AI capital expenditure now rivals Bitcoin for global investment capital.
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