
Thursday, October 8: Bitmine nears its ether finish line. Wolfspeed's $1.5B loan. Centinela on strike.
AI
The Triple Tape by Brian Stegman
Oct 8, 2026
08:13
Episode notes
The Triple Tape — Thursday, October 8, 2026. Morning cross-asset open: stocks, crypto, and metals.
Takeaway: Bitmine says it stops buying ether about 100,000 ETH from now; Wolfspeed jumps ~16% premarket on a conditional $1.5B Department of War loan; 700+ workers strike at Antofagasta's Centinela copper mine — watch the $22B 30-year auction at 1:00 p.m. ET.
- Bitmine will stop buying ether at 5% of supply, about 100,000 ETH away
- Samsung Wallet adds USDC transfers on Solana for 82M U.S. Galaxy devices
- Wells Fargo in talks with Kraken parent Payward for crypto liquidity
- Kazakhstan's central bank signs MoU with Tether on a tenge stablecoin study
- Orca and Loopscale merge into Formation
- Tape: JUP +14.8%, RAY +14.1%, CRV +10.9%
- Wolfspeed gets a conditional $1.5B, 30-year Department of War loan commitment
- Broadcom seeks $50B+ in private debt for its custom OpenAI chip (WSJ)
- House China committee calls Webull a national-security risk
- Lululemon hires Athleta CEO Maggie Gauger as president and CPO
- Amazon cuts fewer than 1,000 corporate roles, mostly in retail (Reuters)
- Earnings: Levi Strauss beats on tariff refunds, raises EPS outlook; Applied Digital revenue +322%, Finland deal
- Tape: WOLF +16.1%, APLD +4.8%, COHR −3.1% premarket
- 700+ workers strike at Antofagasta's Centinela copper mine in Chile
- WGC: record $31B gold ETF inflows in Q3; holdings a record 4,256 t
- Dutch central bank moves 86 t of gold from New York and Ottawa to London
- Indonesia weighs moratorium on new semi-finished nickel plants
- Anglo American warns it may shut Brazil nickel if the EU blocks the MMG sale
- Tape: platinum +1.8%, palladium +1.7%, silver −1.2% (Kitco spot)
Today: PepsiCo before the open; jobless claims 8:30 a.m. ET; wholesale inventories 10:00; Kashkari 10:40; $22B 30-year auction 1:00 p.m.; Musalem 1:40 p.m.
Not investment advice. AI-generated audio.