**Rhodium Enterprises Gets Creative with Bankruptcy Funding! đ€**
- Bitcoin mining firm Rhodium Enterprises, fresh from filing for bankruptcy, just got court approval to take a loan in either USD or Bitcoin.
- They can choose between $30 million or 500 BTC from Galaxy Digital, but here's the kicker: the dollar loan has a 14.5% interest rate, while the Bitcoin loan is a "bargain" at 9.5%.
- With Bitcoin's price doing the cha-cha, this move is as unpredictable as a cat on a hot tin roof!
- Filed under Chapter 11, Rhodium aims to reorganize its debts and keep the lights on.
Stay tuned for more blockchain shenanigans!
