Episode

Applied’s $1.59B Raise, Illinois’s Bitcoin Transaction Tax, Why SaaS Bonds May Be in Trouble

Podcast: Blockspace: AI & Bitcoin
Published: Jun 17, 2026
Duration seconds: 2909
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Canonical source: https://newsletter.blockspacemedia.com/podcast/s/blockspace_ai_bitcoin/applied_s_1_59b_raise_illinois_s_bitcoin_transaction_tax_why_saas_bonds_may_be_in_trouble
Audio: https://podcasts.beehiiv.com/c08760ed-e3d3-4932-a673-547e90852451/019dbc32-d0bc-72d2-a970-951247013bb3/019ed757-0942-7a1b-80f9-bef85c3721ba/019ed757-0a07-7e47-9a15-693a05cf5147.mp3
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Summary

Welcome back to The Blockspace Podcast! Applied Digital just closed a $1.59 billion senior secured note round to fund a 150 MW expansion at its Polaris Forge 1 site for CoreWeave. Plus, we welcome Tim Neimeyer, the president of the Illinois Bitcoin Cou...