Marathon's Bitcoin Purchase, Duos Edge Data Centers, and Future Telecom Expansion
Bitcoin & AI Data Centers
The podcast that talks about Data Centers, AI, AI Data Centers and everything Bitcoin & Crypto. Your host is an AI version of Roni, reporting from a secret location in Wakanda and possibly with Satoshi Nakamoto listening in.
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Marathon's Bitcoin Purchase, Duos Edge Data Centers, and Future Telecom Expansion

E63 • Jul 25, 2024 • 4 mins

In this episode, we begin with a welcome and introduction to the Bitcoin & AI Data Centers podcast. We delve into Marathon's recent Bitcoin purchase and discuss Duos Technology's funding for Edge data centers. The conversation then shifts to the future expansion of Edge data centers and the implications for the telecom industry. We conclude with closing remarks and a sign-off.

Key Points

  • Marathon's purchase of one hundred million dollars worth of Bitcoin demonstrates a strong commitment to holding Bitcoin assets despite market volatility.
  • Duos Technology has secured 2.2 million dollars in funding to deploy and operate three new Edge data centers in remote districts, including schools, government buildings, and health facilities.
  • Duos Edge AI's financial structure, involving secured promissory notes with a ten percent annual interest rate maturing at the end of 2025, allows the company to focus on deployment and revenue without immediate repayment pressures.
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