SPAC Thoughts

Mainly thoughts on SPACs

[SPAC Thoughts @SpacThoughts]

If you give up your $CCXI for NAV u will likely regret when its 10x in the next 5 years or $AMZN comes calling

[SPAC Thoughts @SpacThoughts]

Nice $KFII SI/AI powered weddings...why not?

[𝗧𝗵𝗲 𝗨𝗺𝗽𝗶𝗿𝗲 @EricTheUmpire]

Next Wednesday the artificial floor under $CCXI will fall, and it will go down fast.

This isn't a joke or reverse psychology. It's a warning.

You shouldn't hold a position you aren't comfortable seeing an immediate 25% drop in.

It might bounce back fast. It might bounce back slow. It might keep going down.

But if you have decided that you will sell if it drops, you should just sell now or redeem. Because it will happen. Save yourself that pain and put your focus elsewhere.

It will have it's day, but it may not be anytime soon and it may not be from the current price.

[Kyle Reidhead | Milk Road @KyleReidhead]

StoneX says the market has $GLXY all WRONG!

It reiterated Buy with a $57 price target after the stock fell ~30% in two weeks to a 52-week low of $15

The selloff is about CoreWeave, the only signed tenant at Galaxy's Helios data center. CoreWeave's bonds yield ~15% and it had $35.6B of debt at the end of June

Analyst Mark Palmer says "the market has concluded that a landlord to a stressed neocloud deserves to trade like one," but that ignores how much the math works in favor of Galaxy shareholders

He thinks the stock undervalues Helios and gives Galaxy's digital asset business basically no value

He also thinks the CoreWeave risk is overstated. Its backlog nearly quadrupled to $104B in five quarters, GPU rental rates are firm and demand still outstrips supply

I agree with Palmer and think that $GLXY is an absolute steal at these prices

[Robot Investing @RobotInvesting]

$CCXI While everyone is worrying about the short-term price action, I want to remind you that Digit has no competition. We are so far ahead of everyone when it comes to actual commericial viability. This is what actually matters when mass producing a useful product at scale. This is something that Jonathan Hurst (Agility CTO) also recently commented on.

Digit remains the only humanoid robot to have passed an independent field evaluation by an OSHA recognized Nationally Recognized Testing Laboratory (NRTL) on an active customer production line.

The reality is that no other humanoid robot currently matches Digit v5's combination of independent, OSHA-vetted functional safety hardware and commercial deployment runtime.

[SPAC Spin @SPACspin]

$TRAD 🤝✅ OFFICIAL DA:
Korai Flix Inc. and APEX Tech Acquisition Inc. Agree to Merge and Create a Publicly Listed, Interactive Online Entertainment Platform https://t.co/rDSqGWGMs2

[SPAC Thoughts @SpacThoughts]

@CallsPuts1 Could be soon ?

[SPAC Thoughts @SpacThoughts]

May be worthwhile to buy some puts for expected volatility next week $CCXI

[SPAC Thoughts @SpacThoughts]

Wtf is wrong with markets when bid/ask spread is so large for $RDACR

[Watcher.Guru @WatcherGuru]

JUST IN: 🇨🇭 Switzerland officially approves its first spot Bitcoin ETF for retail investors.

[Hardik Shah @AIStockSavvy]

$GLXY | StoneX 𝗿𝗲𝗶𝘁𝗲𝗿𝗮𝘁𝗲𝘀 𝗕𝘂𝘆 on 𝗚𝗮𝗹𝗮𝘅𝘆 𝗗𝗶𝗴𝗶𝘁𝗮𝗹, PT $𝟱𝟳

Analyst sees the selloff as overlooking Galaxy Digital’s situation and math that favors shareholders.

[SPAC Thoughts @SpacThoughts]

$BKHA halted

[SPAC Thoughts @SpacThoughts]

@CallsPuts1 Yeap

[SPAC Thoughts @SpacThoughts]

@CallsPuts1 Need to get liquid first ...waiting on too many worthless rights and warrants that need to hit

[SPAC Thoughts @SpacThoughts]

@CallsPuts1 Going all in on deal being cancelled

[LF94 @LF94Trades]

$BKHA

There were 2,124,077 shares subject to possible redemption.

Shareholders elected to redeem 2,089,162 shares of Class A common stock in connection with the meeting.

31,915 shares remain in the public float.

[KarlWolf @KARLW0LF]

$GLXY CEO @novogratz talking GALAXY at 10:30 min and more !

https://t.co/VBMQv02V52