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1Bitget Daily Morning Briefing (Nov 3) | Dash: This month's strong price performance attributed to strengthened fundamentals; Total open interest in ZK contracts surpasses $100 million, hitting a new all-time high; Bitcoin production cost rises to $112,084, approaching record levels2Bitcoin Short-Term Holders Face -1.4 P/L Ratio as Losses Deepen3Fed to Resume Treasury Purchases in Early 2026 as U.S. Economy Gains Relief
Flash
- 11:57Microsoft signs $9.7 billion AI cloud service agreement to purchase computing capacity from IRENJinse Finance reported that Microsoft (MSFT.O) has signed an agreement worth approximately $9.7 billion with Australian company IREN to purchase artificial intelligence cloud computing power, making Microsoft the largest customer of this Australian company. According to a statement released by IREN on Monday, this five-year agreement will grant Microsoft access to Nvidia GB300 architecture accelerator systems located in Texas for AI workloads, with the agreement including a 20% prepayment. At the same time, IREN announced that it has agreed to purchase essential GPUs and related equipment worth $5.8 billion from Dell (DELL.N). IREN CEO Daniel Roberts stated via email that once the agreement is fully implemented, it is expected to generate about $1.94 billion in annualized revenue, accounting for only about 10% of IREN's total computing capacity, leaving room for this infrastructure provider to sign more contracts. (Golden Ten Data)
- 11:42Bitcoin mining company IREN signs $9.7 billion agreement with Microsoft to provide cloud computing services in TexasAccording to ChainCatcher, bitcoin mining company IREN has signed a $9.7 billion agreement with Microsoft to provide cloud computing services in Texas. Its stock price has risen more than 20% in pre-market trading and is now at $72.9. In addition, the company will spend $5.8 billion to purchase GPUs and related equipment from Dell.
- 11:24Bubblemaps: It is currently unclear whether the address messaging the Balancer hacker on-chain belongs to another attacker.According to Jinse Finance, Bubblemaps stated that it is still uncertain whether the address claiming to represent Balancer and offering a $20 million white hat reward to the hacker in exchange for the return of stolen funds is actually Balancer's official address or another attacker. Previously, GoPlus reported, "Balancer made an on-chain announcement: willing to pay 20% of the stolen assets as a white hat reward to recover the assets, valid for 48 hours."