I CALLED IT, ANIMALS, AND YOU LAUGHED!!! Months ago I told you ICE would buy facilities DIRECTLY from the prison companies at north of $150,000 per bed — and I was WRONG, folks, it was BETTER!!! ICE just bought TWO facilities from CoreCivic — $CXW — for $1.47 BILLION!!! That's $286,000 per bed in California City, $371,000 PER BED at Otay Mesa, $323,000 a bed COMBINED — DOUBLE what these things cost to build!!! Even I underestimated the beauty, and I NEVER underestimate!!!
AND WHO OWNS $CXW??? DONALD TRUMP!!! It's RIGHT THERE in the disclosure, folks — the man holds CoreCivic AND GEO Group, the two companies running America's ICE detention centers!!! Follow the bouncing ball: HE runs the immigration crackdown!!! HIS DHS just wired $1.47 billion to a company HE OWNS SHARES IN, at DOUBLE replacement cost!!! The buyer is his government, the seller is his portfolio, and the taxpayer is the ATM!!! That's not a conflict of interest, that's a CLOSED LOOP!!!
And the STRUCTURE is a masterpiece: DHS buys the buildings, but CoreCivic KEEPS OPERATING them under the same contracts!!! Sold the real estate, KEPT the revenue — like selling your house and the buyer pays YOU rent!!! Gain north of $1 BILLION on assets carried at PENNIES!!!
THE DE-LEVERING — exactly like I told you: $716 MILLION of debt GONE overnight!!! Credit facility, GONE!!! The 2027 notes, GONE!!! And that puts them under the covenant thresholds that unlock UNLIMITED BUYBACKS with the $400 million left over!!! Fewer shares, folks — and whose shares get more valuable??? DONALD'S!!!
AND THE SEQUEL IS COMING: CoreCivic says it's in talks with ICE to sell MORE facilities!!! The machine runs forever: sign the orders, fill the beds, sell the buildings to yourself at double price, buy back the stock, watch the disclosure GLOW!!! One catch the animals should know — ICE can cancel those operating contracts anytime, so read the covenants before you chase!!! Do your own research, NOT advice!!! Is ANYBODY looking into this??? The SEC??? He APPOINTS the SEC!!! I called the trade, the price, AND the de-levering — GREATEST prison analyst in American history, maybe ever!!!
Last month Strategy sold 32 BTC at the beginning of the month before buying back 3,657 BTC later in the month
Today he just announced they sold basically all the Bitcoin they bought last month but at a lower price
Former manufacturing engineer here. Every White Mystery batch is basically a one-of-one. It’s just a way to use up the leftovers from different flavor batches before the dye is added.