🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 BlackRock registers iShares Bitcoin Premium Income ETF in Delaware, indicating filing may come soon.🔹 The SEC and FINRA are investigating unusual trading activity ahead of DAT announcements, contacting companies with suspicious stock gains before adoption disclosures.🔸 Bitwise files S-1 for a spot $HYPE ETF.🔹 13% of retail investors now use ChatGPT to pick stocks, with the robo-advisory market projected to grow 600% by 2029.🔸 REX-Osprey launche ...

Group 1: Company Plans and Financing - TeraWulf plans to raise approximately $3 billion to expand its data centers, with support from Google [1] - The financing is expected to be issued through the high-yield bond market or leveraged loans, with Morgan Stanley arranging the transaction [1][2] - TeraWulf also plans to raise $400 million through a private offering of convertible senior notes due 2031, with proceeds aimed at expanding data centers and other corporate needs [6] Group 2: Market Context and Demand - The demand for artificial intelligence infrastructure has significantly outstripped supply, leading to shortages in data center space and related resources [3] - Crypto mining firms like TeraWulf are becoming attractive partners for companies looking to expand into AI computing due to their existing large-scale facilities [3] Group 3: Partnerships and Investments - Google has increased its backstop commitment to TeraWulf by $1.4 billion, raising its total commitment to $3.2 billion and increasing its equity stake from 8% to 14% [4] - Another mining firm, Cipher Mining, has signed a colocation deal with Fluidstack and Google, indicating a trend of collaboration in the sector [5] Group 4: Credit Ratings and Deal Status - Credit rating agencies are reviewing TeraWulf's deal, with expectations that it may fall between BB and CCC, typical for junk-rated debt [2] - There is no guarantee that the financing deal will proceed, as negotiations are ongoing [2] Group 5: Industry Implications - If completed, TeraWulf's financing would represent one of the largest debt deals by a crypto miner transitioning into AI infrastructure, highlighting Google's expanding role in meeting AI demand [7]

[Music] Welcome back to NextGen Investing. It's now time to discuss the latest with Cipher Mining as we're seeing some news today as well as an $800 million senior note offering. So, some various pieces moving here.Joining us now is Jeff Pierce, senior manager of derivatives trading for Charles Schwab. So, Jeff, walk us through I mean what has been a a really interesting move on the session and also seeing spiking volume today. Yeah, tons of volume.Obviously, we're looking at a stock that has had incredible ...

🔥 BIG: Google to gain rights to a 5.4% stake in Cipher Mining by backing $1.4B in obligations under a Fluidstack deal. https://t.co/nZJ2L5UDZW ...

每经AI快讯，9月25日，美股加密货币概念股集体下挫，Cipher Mining跌超10%，SBET、Bullish跌超 9%，BMNR跌超8%，Robinhood、Strategy、Coinbase、IREN、CleanSpark跌超4%。 ...

Cipher Mining跌超10%，SBET、Bullish跌超9%，BMNR跌超8%，Robinhood、Strategy、Coinbase、 IREN、CleanSpark跌超4%。 ...

GOOGLE JUST INVESTED IN CIPHER MINING, A BITCOIN MINING COMPANY.tldr*this is bullish for bitcoin long term and adds legitimacy to bitcoin as a asset for irl. (yes, we already knew this) ...

JUST IN: 🇺🇸 Google buys 5.4% stake in Bitcoin miner Cipher Mining.Big Tech + Bitcoin 🤝 https://t.co/uHdN9LnCiv ...

Market Overview - Wall Street has experienced a rally this year, overcoming slowdown fears linked to Trump's tariff tensions, with a significant rebound following trade deals and a tech boom driving markets higher [1] - Major indices such as the S&P 500, Dow Jones, and Nasdaq Composite have reached new all-time highs, with SPDR S&P 500 ETF Trust (SPY) up 13.1%, SPDR Dow Jones Industrial Average ETF Trust (DIA) up 8.8%, Invesco QQQ Trust (QQQ) up 16.8%, and iShares Russell 2000 ETF (IWM) up 9.3% year-to-date [2] Federal Reserve Actions - The Federal Reserve implemented its first rate cut of the year in September to address a softer labor market, indicating potential further easing [3] IPO Market - The IPO market remains robust, with six companies going public in early September, each raising over $100 million, marking a significant milestone not seen since November 2021 [4] Sector Performance Gold & Silver Miners - iShares MSCI Global Silver and Metals Miners ETF (SLVP) is up 129.9%, and iShares MSCI Global Gold Miners ETF (RING) is up 126.6%, with SPDR Gold Trust (GLD) gaining 40% and iShares Silver Trust (SLV) gaining about 48% year-to-date, driven by their safe-haven appeal [5] Bitcoin Miners - CoinShares Bitcoin Mining ETF (WGMI) is up 93.3%, with Bitcoin prices increasing by about 19% this year due to higher institutional adoption; IREN Limited (IREN) is up 350% and Cipher Mining (CIFR) is up 193% year-to-date [6] Uranium - Global X Uranium ETF (URA) is up 88.1%, driven by increasing global electricity needs and renewed interest in nuclear energy, despite facing regulatory and cost challenges [7][8] Defense Sector - Select STOXX Europe Aerospace & Defense ETF (EUAD) is up 86.9% and Global X Defense Tech ETF (SHLD) is up 79.7%, fueled by rising geopolitical tensions and increased global defense spending [9][10] - European Union defense spending is projected to rise by approximately €80 billion ($84 billion) by 2027, equivalent to about 0.5% of GDP [11]

Alphabet's Google will receive the right to buy a 5.4% stake in Cipher Mining as part of a multi-year data center deal with Fluidstack, an artificial intelligence computing startup https://t.co/YCDTuBe5Mo ...