BTC falls below the $76,000 mark

Apple plans to issue approximately $7 billion in investment-grade bonds for general corporate purposes, including stock buybacks, dividend payments, and capital expenditures. The issuance will consist of seven tranches with maturities ranging from two to ten years. Microsoft, Oracle, and Meta Platforms recently raised a combined $50 billion in the US market to support investments in artificial intelligence infrastructure. Apple last issued bonds in May 2025, raising $4.5 billion.

Canary Capital's pledged Injective ETF (INJC) is now listed on Nasdaq, with at least 90% of its INJ holdings currently pledged. (Source: James Seyffart)

Citi Wealth is currently promoting spot Bitcoin ETFs to its clients, describing them as a way to hold Bitcoin through a brokerage account, alongside stocks and bonds. In the two trading days following the Binance hack, US spot Bitcoin ETFs saw outflows of approximately $1 billion. Matthew Sigel of VanEck stated that the hack delayed the launch of Citigroup's Custody+ Bitcoin custody service; Citigroup has not confirmed this claim or announced a specific launch date for the service.

U.S. defense technology company Shield AI plans to acquire radar sensor company Echodyne for $5.3 billion, a deal that includes $4.8 billion in cash and equity, and $500 million in milestone payments. Shield AI also raised $2.5 billion in new funding to support its acquisition, including a $1 billion structured equity financing from Blackstone Group and a $500 million debt financing from JPMorgan Chase. Together with its previously completed $1 billion Series H funding round, Shield AI's valuation will reach $28.8 billion, more than double its $12.7 billion valuation in March. This funding will be available upon completion of the acquisition. (Source: Bloomberg)

Microsoft is increasing its oversight of some data center projects with new cloud companies such as Nebius, IREN, and Nscale, abandoning risky projects and internally discussing whether to sign new cloud service agreements. Some recent issues relate to cabling at IREN's data center in Texas, where the two parties negotiated revised timelines last week, delaying completion by several weeks or months. A Microsoft spokesperson stated that adjusting plans as needed is standard practice in managing large infrastructure projects; IREN declined to comment. IREN transitioned from cryptocurrency mining to AI in 2023. Shares of both IREN and Nebius fell approximately 20% on Thursday. (Source: Bloomberg)