Blockspace: SpaceX’s $250B IPO Raise, KEEL’s $458M Convertible Note, Hut 8’s $4.25 Senior Note, OpenAI’s 10 GW Datacenter

Blockspace: SpaceX’s $250B IPO Raise, KEEL’s $458M Convertible Note, Hut 8’s $4.25 Senior Note, OpenAI’s 10 GW Datacenter

SpaceX’s IPO is three times oversubscribed at $250 billion, and Hut 8 has closed a $4.25 billion, BBB-rated note for its Beacon Point AI data center. Welcome back to The Blockspace Podcast! Reuters has reported that SpaceX’s IPO round could come in at $250 billion, a 3x oversubscription from the company’s planned $75 billion. Plus, Cormint CEO Jamie McAvity joins us to give an optimistic outlook on bitcoin mining with hashrate stagnant – even as hashprice flirts with all-time lows. For other news, we cover Keel’s $458 million convertible note; Hut 8’s $4.25 billion senior secured note for its Beacon Point data center, the second investment-grade bond for project-level financing for the burgeoning AI firm; Crusoe hitting pause on a proposed 10 GW data center in Wyoming; and OpenAI’s plans for its own 10 GW, $500 billion project in Ohio. Check out our latest report, “What’s a Megawatt Worth?” where we quantify the trillion dollar opportunity for bitcoin miners venturing into the AI sector. Subscribe to our newsletter to receive updates for all of our shows and content. 👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success. 👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor! 👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.

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Episoder(4202)

Kraken Parent Backs CFTC's Plan to Regulate Spot Crypto Without Congress

Kraken Parent Backs CFTC's Plan to Regulate Spot Crypto Without Congress

CoinDesk’s The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on the week’s biggest stories: the CFTC’s new advance notice of proposed rulemaking (ANPR) to regulate spot crypto exchange...

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Iran Tanker Attacks Push Oil Higher and Bitcoin Lower | CoinDesk Daily

Iran Tanker Attacks Push Oil Higher and Bitcoin Lower | CoinDesk Daily

Iran tanker attacks pulled Bitcoin lower. Bitcoin fell to around $84,000 as stepped-up Iranian attacks on tankers in the Strait of Hormuz lifted oil, Treasury yields, and the dollar. Traders are now ...

7 Okt 2min

Cloudflare CEO Says AI Agent Traffic Could Be 1,000X Human Traffic in Five Years

Cloudflare CEO Says AI Agent Traffic Could Be 1,000X Human Traffic in Five Years

Cloudflare CEO Matthew Prince sits down with CoinDesk's Jennifer Sanasie to explain why the internet as we know it is about to be rewritten. Prince reveals that AI agent traffic has already overtaken ...

7 Okt 40min

Anvil Launches SDK as Founders Fund Leads $5M Token Investment | Markets Outlook

Anvil Launches SDK as Founders Fund Leads $5M Token Investment | Markets Outlook

Acronym Foundation President Tyler Spalding joins CoinDesk's Kate Irwin on Markets Outlook to break down the launch of the Anvil Protocol's SDK and what it means for bringing DeFi into everyday busine...

6 Okt 17min

Grayscale Says Investors Are Leaving ‘Money on the Table’ in Unstaked ETH ETFs

Grayscale Says Investors Are Leaving ‘Money on the Table’ in Unstaked ETH ETFs

One year after Grayscale unlocked Ethereum staking inside an ETF for the first time, Head of Index Steve Vanourny breaks down what they've learned and why the results speak for themselves. Steve makes...

6 Okt 10min

CFTC Proposes Crypto Rules to Fill Congress's Gap | CoinDesk Daily

CFTC Proposes Crypto Rules to Fill Congress's Gap | CoinDesk Daily

The CFTC proposes two crypto trading rules. The CFTC is proposing two rules to regulate leveraged and margin-based crypto trading and create a new category of exchanges, but spot markets remain large...

6 Okt 1min

NYSE Owner Joins OKX to Launch Tokenized Stocks | CoinDesk Daily

NYSE Owner Joins OKX to Launch Tokenized Stocks | CoinDesk Daily

OKXICE files for 24/7 tokenized U.S. stock trading. OKXICE, a joint venture between OKX and NYSE parent ICE, has told the SEC it plans to launch a tokenized stock trading venue starting with more tha...

5 Okt 1min

Patrick McHenry Sees a Lame-Duck Window for CLARITY

Patrick McHenry Sees a Lame-Duck Window for CLARITY

CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on a busy policy week from the UK's FCA opening its crypto firm authorization process to the SEC's new staff FAQ on crypto ...

2 Okt 23min

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