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Golden Ten Data reported on June 4 that American silver mining company Sunshine Refining has launched its initial public offering (IPO) in the US, pricing at the lower end of its indicated range and raising $270 million. The funds are expected to be used to restart production at a mine in Idaho. The company has already secured the necessary permits to resume mining and processing operations at the Sunshine mine. This mine previously produced silver, antimony, copper, and lead, but ceased operations in 2001. Sunshine Refining plans to resume operations at the Idaho site in 2028. The spot price of silver has more than doubled over the past year, driven by safe-haven demand, central bank purchases, and increased industrial usage in data center cooling and solar panel sectors, with the price reaching a record high in January. Sunshine Refining is also set to benefit from increasing demand for antimony as a critical mineral, which is widely used in military, electronics, and data center industries. Sunshine Refining expects average annual revenue of approximately $311 million and average annual EBITDA of about $230 million during the first five years after the mine restarts.

7:00 (UTC+8) - 12:00 (UTC+8) Key Words: mining machine, FG Nexus, Bitwise1. Most old-generation Bitcoin mining machines have reached the shutdown coin price;2. US Treasury Secretary Bessant: 3.8% inflation is only a short-term disturbance;3. FG Nexus sold ETH, resulting in a book loss of over $85 million;4. The US CFTC follows the SEC in abolishing the "no-deny" policy in settlement agreements;5. Bitwise CEO: SpaceX's IPO valuation may approach the entire crypto market excluding stablecoins;6. A rare Casascius physical Bitcoin worth $1.78 million was activated after 12 years of dormancy;7. Polymarket suspects competitor Kalshi may be monitoring its New York office and staff;8. CryptoQuant founder: Cumulative BTC inflow from ETF and Strategy has surpassed Satoshi’s holdings.

Glonghui, June 4th｜Netflix Chief Product and Technology Officer Elizabeth Stone stated that the company is leveraging artificial intelligence to help users cope with content overload. Speaking at a technology conference in San Francisco, Stone explained that generative AI capabilities will provide users with a "more personalized, interactive, and immersive" experience when deciding what entertainment content to watch. Stone noted that Netflix has now integrated generative AI and natural language processing technologies to determine what users currently want to watch. She added that the company is testing a voice user interface and other experimental projects, combining users’ viewing preferences and history with trending factors, to help the platform deliver highly personalized recommendations.