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

Page: https://stenobird.com/podcast/blockspace-ai-bitcoin-6791695/applied-s-1-59b-raise-illinois-s-bitcoin-transaction-tax-why-saas-bonds-may-be-in-trouble
Text version: https://stenobird.com/podcast/blockspace-ai-bitcoin-6791695/applied-s-1-59b-raise-illinois-s-bitcoin-transaction-tax-why-saas-bonds-may-be-in-trouble.md
Podcast: [Blockspace: AI & Bitcoin](https://stenobird.com/podcast/blockspace-ai-bitcoin-6791695)
Published: 2026-06-17T21:20:00+00:00
Episode link: 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 file: 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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Duration seconds: 2909

## Resource

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...

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## Transcript

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