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CoinDesk Podcast Network

Blockspace: IREN’s $3B Note, CME Compute Futures, Mike Alfred’s Stock Picks, Trump’s Q1 Bitcoin Equities

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7698 Ratings

🗓️ 16 May 2026

⏱️ 86 minutes

🧾️ Download transcript

Summary

AI compute futures are now live on the CME, and IREN has raised $3B in a new convertible note offering. Welcome back to The Blockspace Podcast! Today for news, we cover IREN’s new $3B convertible note – the largest convert ever for a public bitcoin miner – Trump’s Q1 bitcoin equity buys, and the 90-day pause on zoning discussions for Hut 8’s proposed 500 MW data center in Logan County, Illinois. Plus, Mike Alfred of Alpine Fox Hedge Fund joins us to discuss his top stock picks for AI, and Kush Bavaria of Ornn jumps on to discuss how Ornn is providing an H100 index for the CME’s new AI compute futures – and his thoughts on the future of these incipient compute futures markets. Mike San Miguel of Luxor also joins us to discuss the latest in GPU markets and AI ASICs, and pseudonymous user Soup explains how he used Claude and $15 in tokens to spin up 3.5 trillion passwords to crack his long-lost bitcoin wallet.   👉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.

Transcript

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0:00.0

What is up, y'all? Welcome back to Blockspace Live. We are capping another week in AI and Bitcoin with our final live stream here on Friday. We are your host, Colin Harper, Charlie Spears. We've got a packed lineup today. We are going to be leading with a story of iron raising the largest convertible note of any public minor to date,

0:22.7

go into our hash rate index update. And then we've got a really interesting story on an anonymous

0:28.4

Twitter username Soup, I should say pseudonymous, who recovered five Bitcoin using AI. Yes,

0:35.0

if you think that you have lost life-changing amounts of money, maybe the LLM gods can save you.

0:40.4

After that, we will be having Luxor's Mike San Miguel on to talk about GPU market. Then we will

0:46.9

hop in some news about Trump disclosing some crypto holdings, specifically Bitcoin equities,

0:52.4

for his family trust, and then news that

0:55.3

HUD-Aid is facing a stonewall with its Logan County Data Center in Illinois with a 90-day

0:59.7

moratorium.

1:00.9

And to cap off the show, we have Cush Bavaria of Ornon to talk about how their index is

1:07.1

being used for the latest and first, I believe, compute futures market on the CME.

1:14.3

And don't forget, we have a little guest named Mike Alfred also lined up.

1:19.8

Thank you, Charlie.

1:20.8

We have Mike Alfred coming on as well to talk about his Alpine Fox hedge fund and which

1:26.5

Bitcoin miners turned AI companies he is most

1:29.2

bullish on and also his thoughts on the current Bitcoin rally. Mike's going to give you the best

1:34.3

stock picks that you should absolutely follow. Blockspace goes live Monday, Wednesday, Friday, noon

1:40.3

Eastern featuring quick hits on the latest in mining AI emerging tech and sometimes

1:45.1

Bitcoin still make sure if you like and subscribe hit that bell to get the notification on

1:50.6

YouTube if you like what you hear this turns into a podcast wherever you find podcast Spotify

1:56.7

Apple and hit our newsletter newsletter dot blockspaceokspacemedia.com for those

2:03.2

coin desk listeners. If you're listening on CoinDesk through their channels right now,

...

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