CoinDesk Podcast Network
Blockspace: IREN’s $3B Note, CME Compute Futures, Mike Alfred’s Stock Picks, Trump’s Q1 Bitcoin Equities
- Iron's $3 billion convertible note is the largest raised by any public Bitcoin miner, with a 32.5% conversion price of $73.07 per share and a cap call hedge at $110 to protect against dilution.
- AI-powered wallet recovery is becoming accessible and affordable—a pseudonymous user named Soup recovered 5 BTC from a forgotten blockchain.com wallet using Claude AI and $15 in compute credits after hiring professionals failed.
- GPU ASIC development is advancing rapidly with hyperscalers already deploying custom chips; purpose-built inference ASICs are expected to enter production at scale around 2027 and will likely coexist with GPUs in hybrid deployments.
- Trump's Q1 crypto holdings disclosed through family trusts include positions in Coinbase, Mara, Robinhood, SoFi, and Strategy, totaling roughly $220M–$750M in transactions across crypto equities alongside tech stocks.
- CME Group launches compute futures using Ornon's H100 GPU index as the reference benchmark, standardizing pricing similar to oil markets and enabling hedging for data centers and compute lenders.
- Data center opposition is growing across rural counties; Illinois's Logan County voted for a 90-day moratorium on Hud8's 500-megawatt facility despite projections of $65M annual tax revenue and 200 permanent jobs.