Capital Rotation from AI Data Center Bonds to Crypto Assets in Financial Markets
금융/은행 | Tue Jul 28 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 7 sources
BlackRock's Meta data center bond issuance and capital rotation from AI infrastructure to crypto.
Analysis
[BlackRock] completed $12.5 billion bond issuance tied to Meta data center [1][2]
- Financed Meta Platforms' Texas data center project
- Marketed for approximately one week amid Big Tech bond selloff
- Attracted investors with high-yield terms
- Bonds rebounded in early Monday trading
[Carlyle Group] warned that bonds have lost their portfolio buffer function [3]
- Remarks from Bansal
- head of asset-backed finance
- Rising correlation between traditional bonds and equities
- Need for changes in portfolio risk management approach
[Crypto Sector] experienced capital rotation from AI infrastructure stocks into crypto [7]
- Bitmine Immersion surged 11% leading the sector
- Strategy rose 7% after expanding cash buffer for 5 consecutive weeks
- Coinbase
- BitGo
- and Figure Technology up 4-6%
- Backed by oil price plunge and falling Treasury yields
[Bitmine Immersion Technologies] surpassed 5.78 million ETH holdings and expanded share buybacks [5]
- Held 5
- 787
- 414 ETH as of July 26
- valued at approximately $11.3 billion
- Secured 4.8% of total ETH supply
- achieving 96% of 5% target
- Purchased 11.6 million total shares under $4 billion buyback program
- Expected $254 million annual revenue from MAVAN staking
[Circle Internet Group] announced acquisition of IBM blockchain patent portfolio [7]
- Secured over 1
- 000 blockchain-related patents worldwide
- Acquisition terms undisclosed
- Stock rose 2% after announcement
[Core Scientific] plunged 9% on analyst downgrade amid weak AI data center transition [4]
- KBW's Bill Papanastasiou downgraded from outperform to market perform
- Price target lowered from $28 to $25
- No new colocation contracts for 17 months
- Plans $2 billion in acquisition and development spending this year
[Five Star Bancorp] director Larry Allbaugh made $4.3 million insider stock purchase [6]
- Indirectly purchased 96
- 591 shares at $44 per share
- Total indirect holdings of approximately 3.12 million shares valued at about $151 million
- Stock up 59% over the past year
- Disclosed via SEC Form 4 filing
Sources
- [1] BlackRock Dodges AI Bond-Trading Flop After Offering Junk Yields - Bloomberg Markets
- [2] BlackRock Raises $12.5 Billion of Debt for Meta Data Center - Bloomberg Markets
- [3] Carlyle’s Bansal Says Bonds Shed Role as Stocks’ Shock Absorber - Bloomberg Markets
- [4] Why Core Scientific Stock Stumbled Today - The Motley Fool
- [5] Why Bitmine Stock Popped Today - The Motley Fool
- [6] Five Star Bancorp Director Larry Allbaugh Buys $4.3 Million in Shares. What Does This Mean for Investors? - The Motley Fool
- [7] Crypto stocks rally thanks to rotation from AI infrastructure; bitcoin miners lag - CNBC World Markets