$SOFI
Most $SOFI investors don't know the Loan Platform Business exists.
That's why the stock is mispriced.
Here's what it is and why it matters:
Instead of using its own capital to make loans, SoFi originates loans FOR large institutional partners and earns a fee. Zero balance sheet risk. Pure margin.
Think Airbnb,You don't need to own the hotel. You own the platform.
In Q1 2026, the Lending segment hit $629M revenue (+53% YoY), with the LPB contributing $3B in originations in a single quarter.
Management's stated goal: grow the LPB into a $1B+ standalone business.
When that gets priced in โ and it will โ the multiple on this stock changes materially.
(Not financial advice.)
The market is obsessed with AI right now.
Meanwhile, four areas I'm most bullish on:
Fintech:
$SOFI
$HOOD
Insurance:
$OSCR
$ROOT
Healthcare:
$HIMS
$NVO
Cybersecurity:
$S
$RBRK
That's where I see the opportunity today.
$IREN
IREN Limited is the most underappreciated infrastructure company in the AI buildout.
Most people still think it's a Bitcoin miner.
Here's what it actually is โ and why Microsoft- $MSFT AND NVIDIA- $NVDA both just wrote it nine-figure checks
The company:
โ $9.7B signed contract with Microsoft
โ $3.4B signed contract with NVIDIA
โ $3.1B in ARR already under contract
โ 5GW global power pipeline (now includes Spain)
โ 150,000 GPUs deploying through 2026
โ $2.6B cash on hand
โ Full software stack via Mirantis acquisition
This is not a mining story. It's an infrastructure story.
And the market hasn't caught up yet.
$ODD ON BUYBACKS
We know that the company repurchased 6.1M shares in Q1 (up until March 31st)
10.6% of outstanding shares in one quarter
They deployed an additional $32M between March 12th and March 31st marking a total of $82M for Q1
We are 2 months into Q2 so that number is likely higher now and the share count is likely to be lower
I would also imagine there have been restrictions due to the limited volume after the Q4 drop off (they alluded to this in the print)
Also noted how they used their cash balance, not their $350M revolving credit facility which currently remains undrawn
If share price remains around $10 they could repurchase around 16.8M shares over the rest of the year
If we assume the current is OS is around 50M that would represent a further 33% leaving the new OS easily sub 40M even when factoring in SBC
That would make the market cap at $10 around $340-$360M
I will get out a full thread with my thoughts on when I get the time
I would like to remind people that I never make any claims or predictions on price action, this is a long term investment and I am sharing my own thesis and thoughts
Not financial advice
So your own due diligence before making any investment decisions.