[Cipher Mining Issues $1.4 Billion High-Yield Bonds for Data Center Construction] Cipher Mining announced the issuance of $1.4 billion in high-yield bonds to support its data center construction plans related to Google. The financing involves the issuance of 5-year senior secured notes by its subsidiary, which are non-callable for the first two years and carry a coupon rate of 7.125%. Morgan Stanley serves as the sole lead underwriter. Cipher Mining and TeraWulf have transitioned from Bitcoin mining operations to data center management, driven by the growing demand for AI computing power. The funds raised will be used for the construction of the Barber Lake data center facility near Colorado City, Texas.

[Block's Bitcoin Revenue Reaches $1.97 Billion in Q3, Accounting for Nearly One-Third of Total Revenue] Block Inc. achieved approximately $1.97 billion in Bitcoin revenue in the third quarter of 2025, accounting for nearly one-third of its total revenue of $6.11 billion. Despite an 18% year-over-year increase in gross profit, some financial metrics fell short of market expectations, causing the stock price to drop more than 9% in after-hours trading. As of the end of the quarter, Block held 8,780 Bitcoins, with a total value exceeding $1 billion.

[Over 75% of Tesla shareholders approve Musk's trillion-dollar compensation plan] Tesla shareholders have approved a compensation plan worth up to $1 trillion with over 75% of the votes. Under the plan, Musk will receive up to $878 billion in incentive compensation over 10 years. Musk will be granted up to $1 trillion in stock but is required to pay a portion to Tesla. Analysts believe this vote will benefit Tesla's stock performance, as its valuation relies on Musk's vision for advancements in autonomous driving, robot taxis, and humanoid robot development.

[Stablecoin USDe Market Cap Falls Below $9 Billion, Shrinks 45% in the Past Month] According to DefiLlama data, the market cap of the stablecoin USDe issued by Ethena Labs has dropped to $8.95 billion, down approximately 45% from its peak of $16 billion in early October. USDe experienced severe depegging during the cryptocurrency crash on October 11, falling to $0.65 on some decentralized trading platforms.

[Samourai Wallet Co-Founder Sentenced to Five Years for Unlicensed Money Transmission] The U.S. Federal Court in New York has sentenced Keonne Rodriguez, co-founder of the cryptocurrency mixing tool Samourai Wallet, to five years in prison on charges of conspiracy to operate an unlicensed money transmission business. Rodriguez had previously reached a plea agreement with prosecutors and agreed to jointly pay a total of $237 million in assets and a $400,000 fine with another co-founder. The case involved the use of mixing services to launder money for darknet transactions and fraudulent funds. This sentencing highlights the ongoing efforts by regulators to crack down on illegal activities in the cryptocurrency space.