@GlobalCollapse Management just sucks at delivering the message in a way that hypes people up. Dan just flatly reading his teleprompter. That's fine. Being a good hype man isn't a requisite for good business
@GlobalCollapse Everyone acting like the full CapEx has to come from an ATM even though the slide is right there showing $14B already prepayed, $8B more expected prepayments, and $3.5B on the existing ATM. So they've already fully funded the low end estimate. Ppl just want to dunk not think
I don't think the $IREN CapEx estimate for FY27 is the doom everyone is making it out to be.
$14B already financed/pre-payed
$8B through additional prepayments
$3.5B remaining on existing ATM
=
$25.5B CapEx accounted for
Estimate is $25-$30B for FY27
@CK_Cryptoklepto@LeaderInvests@mikealfred $14 Billion already financed/pre-payed
$8 Billion targeted through additional prepayments
$3.5 Billion remaining on existing ATM
= $25.5 Billion CapEx accounted for
So $4.5 Billion needed through data center financing, operating cash flows or ATM for high end CapEx estimate
Someone just bought a lot of $GRPN in one large tranche. Been following for a well over a month now and this is one of the largest single intraday purchases I've seen
@tjfreeman_95 Good post man. I struggle with all of the things you mentioned. There are a lot of lessons here I am also learning the hard way. Learning from your mistakes is the difference. Good stuff
@MattAssenat@ericjackson@TheCompoundNews@NickNemo17 I can't believe more people aren't pounding the drum on this one. Getting a flood of retail buyers into this would skyrocket the price. It is so sensitive to any volume either direction because of the lack of shares. The setup here is crazy good