@BoeningJames@Chill_Investing Treasury sentiment at rock bottom, this is great r/r here for $asst. Especially if btc makes a catch up trade in the new year, semler acquisition goes through. Bonus would be msci deferment of decision on DAT exclusions.
AI selloff is an opportunity. Wall Street doesn’t get the long term. They didn’t get it with Tesla when they spent billions in cap ex to build Austin and China. Scaling rapidly involves large upfront capex. Patience as the AI revolution grows. Be grateful they make it less expensive to buy these stocks now. They won’t be cheap for long… $avgo $orcl $nvda $goog
JUST IN: @CleanSpark_Inc (Market Cap $5 Bil) just beat Microsoft (Market Cap $4 Tril) to a 100MW datacenter energy contract
AI hyperscalers are going to face massive bottlenecks if they don't start learning from the 6-year headstart the Bitcoin mining industry has on them
I am averaging up in ASST today. Added 50,000 shares each at $1.35 and $1.37 and have bids stacked below. Please, lettuce hands, bring it down a bit further 🙏
Are these the same sources who advised you against buying the stock?
(Canada, in particular BC, has been quite clear about its anti-growth policies for years. Not sure how you missed it.)
Also, while IREN does have BC exposure, it's a tiny part of their overall portfolio, and this news arguably makes their existing assets more scarce/valuable.
Wishing @Charge_Stack were here to have seen the thesis play out. Forever grateful for his fair & transparent insights, passion and kindness. Was a voice on the platform that stayed level-headed and steadfast even in the most despondent of days. Cheers to you and your memory D.R.