There's a 300-page MIT Press book analyzing exactly this line of code: 10 PRINT CHR$(205.5+RND(1)); :GOTO 10. It's free as a PDF and covers the mathematics (Truchet tilings), the C64 hardware, and the cultural history. The article doesn't mention it.
All this and no link? Shame!
https://10print.org/10_PRINT_121114.pdf