According to The Kobeissi Letter, Big Tech firms issued a record 120 billion dollars in corporate debt in 2025 to fund AI related investments. According to The Kobeissi Letter, issuance surged about 500 percent versus 2024 and exceeded the previous four years combined. According to The Kobeissi Letter, Amazon AMZN, Google GOOGL, and Meta were among the issuers, highlighting an aggressive AI capex cycle financed through bond markets.

According to @business, derivatives enabling investors to bet against Meta Platforms’ bonds began actively trading for the first time this week as money managers and banks hedge exposure to an industry piling on debt to fund AI investments (source: Bloomberg/@business). This provides a direct tool for institutions to hedge Meta credit risk amid AI-related corporate borrowing, with the instrument already seeing active trading this week (source: Bloomberg/@business). The source did not mention any direct cryptocurrency market impact (source: Bloomberg/@business).