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

Page: https://stenobird.com/podcast/coindesk-podcast-network-334494/blockspace-iren-s-3b-note-cme-compute-futures-mike-alfred-s-stock-picks-trump-s-q1-bitcoin-equities
Text version: https://stenobird.com/podcast/coindesk-podcast-network-334494/blockspace-iren-s-3b-note-cme-compute-futures-mike-alfred-s-stock-picks-trump-s-q1-bitcoin-equities.md
Podcast: [CoinDesk Podcast Network](https://stenobird.com/podcast/coindesk-podcast-network-334494)
Published: 2026-05-16T13:12:00+00:00
Episode link: https://traffic.megaphone.fm/CDI1964792518.mp3
Audio file: https://traffic.megaphone.fm/CDI1964792518.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/coindesk-podcast-network-334494/episodes/blockspace-iren-s-3b-note-cme-compute-futures-mike-alfred-s-stock-picks-trump-s-q1-bitcoin-equities
Duration seconds: 5193

## Resource

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.

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/coindesk-podcast-network-334494/episodes/blockspace-iren-s-3b-note-cme-compute-futures-mike-alfred-s-stock-picks-trump-s-q1-bitcoin-equities/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/coindesk-podcast-network-334494/blockspace-iren-s-3b-note-cme-compute-futures-mike-alfred-s-stock-picks-trump-s-q1-bitcoin-equities.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.