Yuriy D

[Yuriy D @YuriyD75637660]

@dillon_trades $GPUS -$NVDA partnership?
Let’s go!

[Yuriy D @YuriyD75637660]

$WGRX .83 buy worked out perfectly! $1.12 and going!

[Yuriy D @YuriyD75637660]

$WGRX picked up for $1 break.

[Yuriy D @YuriyD75637660]

$DNUT $BYND double headed monster breathing fire 🔥 🐉

[Yuriy D @YuriyD75637660]

$BYND $4.82 - what a monster Optiom Call win.
Going for more.

[Yuriy D @YuriyD75637660]

$BYND breaks $2.50 and will easily fill gap to $3+

[Yuriy D @YuriyD75637660]

$XRTX setting up for $1.50+ run.
Luring in shorts.

[Yuriy D @YuriyD75637660]

@ACInvestorBlog $SBFM just launched pravastatin. What do you think of the chart?

[Yuriy D @YuriyD75637660]

$SBFM I’m long.

[Yuriy D @YuriyD75637660]

$SBFM charts showing $3+ next

[Yuriy D @YuriyD75637660]

$BMNR should be looking like $CIFR right now, but this useless short report hindering it. Let’s squeeze them.

[BMNR Bullz @BMNRBullz]

🚨 CATHIE WOOD DOUBLES DOWN ON BITMINE $BMNR 💰

ARK Invest just added 54,000 more shares of Bitmine 👀

That brings their total to 6.7 MILLION shares, a $417 MILLION position in the world’s largest Ethereum treasury company.

Cathie’s conviction in $ETH and $BMNR just keeps growing, and she’s still early. 🔥

[Top Stock Alerts @TopStockAlerts1]

$BMNR Holding $600K long… expecting to see $70+ soon…

Don’t miss this rocket 🚀

[Yuriy D @YuriyD75637660]

$BMNR lets squeeze for $70 + as these shorts that love sabotaging companies for their own gain.

[Yuriy D @YuriyD75637660]

$LGHL nice spike. Owns massive amount of crypto following $BMNR $MSTR strategy

[Yuriy D @YuriyD75637660]

$CIFR $14 options expiring tomorrow up over 150% so far for me. BTC surpassed $120k! Expecting $121k

[Yuriy D @YuriyD75637660]

Bought more $CIFR $14 calls today.
Looks primed for $14+ as #BTC regains $119k

[Yuriy D @YuriyD75637660]

Wow! $CIFR $84 target? Definitely achievable

[Asymmetric Bets @UncleAlpha007]

$CIFR $84 Price Target 2029 (570% upside) and $42 price target (234% upside) in the next year

Thesis explained simply below:

$GOOG $META $AMZN $MSFT and OpenAI are in a race to build out AI data centers, which require 10x the power of traditional data centers. Each player wants to build out 10GW by 2030 (according to the CEO of $NVDA on the recent @bg2pod podcast). 10GW is where artificial general intelligence (AGI) can be achieved (according to $NVDA CEO).

These companies need ~40GW-50GW of INCREMENTAL data center infrastructure. $CIFR can provide an incremental ~2GW of this infrastructure (excluding the $3B deal $CIFR signed with Fluidstack that was backed stopped by $GOOG). The GW that $CIFR can deliver represent GWs 15-25 of the 40-50GW needed. That makes it HIGHLY likely that $CIFR’s pipeline gets fully leased. CIFR has 2GW that can get leased and start generating revenue by year end 2030. What does the mean in terms of valuation?

Valuation:

CIFR 2030 revenue: 2GW / 1.5 PUE = 1.33GW critical GW. 1.33GW * $1.8M/MW (similar to announced deals) = $2.4B revenue. $2.4B * 80% EBITDA margin = $1.92B 2030 EBITDA. $1.92B EBITDA * 22.5x (multiple in line with public peers $EQIX $DLR) = Enterprise Value of $43.2B.

Based on other industry deals, it is likely to cost around $16B to build this out (ie $12M per critical MW, in this case 1,333 = $16B). Construction loans are typically 80% debt. So $12.8B in net debt and $3.2B in new equity.

$43B - $12.8B debt is $30B equity. We need to account for the $3.2B of equity dilution, so for simplicity let’s just say $24B of INCREMENTAL equity value (ie current market cap $5B + $24B = $29B).

We need to discount the $24B on incremental equity value back from 2030. Using a 20% discount rate we get a present value of $11.57B. This implies $CIFR market cap should be ~$5B current market cap + $11.5B = $16.5B. Implies fair value of shares today is $42/share.

Pushback:

AI is in a funding bubble: If the hyperscale companies raise price 3%-4% per year and cut headcount 1%, the economic value added is higher than the cash costs. Do the math before you end up like a lazy value investor on the wrong side of this trade. Elon cut Twitter’s headcount 90%. These companies could have way higher margins if not for regulatory concerns. Many ppl making $500k a year working 10/hrs week.

@mikealfred @theBTCMiningGuy @rftylerpage

[Yuriy D @YuriyD75637660]

$CIFR very impressive to see many price targets surpassing $40 while currently trading at $13.

[Yuriy D @YuriyD75637660]

$MLGO accumulation again.
Setting up for $20+?