Mike Meridian

Entrepreneur that retired 20+ yrs ago at 29 & now works just for fun. Passive income allows for an active life. #MiningMafia #Okayeg #aero #BTBT

[Mike Meridian @MikeMeridian]

@RepThomasMassie Frontier is definitely a budget airline. If you can live with a personal items worth of stuff, travel is quite affordable. Just no customer service at all. I was still sad to lose them. They quietly cut a ton of routes.

[Mike Meridian @MikeMeridian]

@deez20818243 @Nathan_Boise Unless you watched the game. Cowboys did not look good.

[Mike Meridian @MikeMeridian]

@philbak1 Remember when Vegas used to be fun?

[Mike Meridian @MikeMeridian]

BTBT has $410M in ETH and $80M in cash. Debt of $150M. The MC is $525M. So wYFI being valued at $175M. That’s a lot of upside given the contracts signed. Small retrofits connected is also big advantage. Solves many of sectors issues. Just need the financing to get done.

[Mike Meridian @MikeMeridian]

@AndrewYang @Fwd_Party RNC/DNC go to grotesque means to suppress/bankrupt all threats. Any new party will be a $ grab despite intentions. The fighting is the distraction from the Ponzi. Our leaders are pawns. We are slaves to money & numb ourselves w/ distractions in a collective brain rot.

[Mike Meridian @MikeMeridian]

@iiammTaee @KCChiefs_Matt Both

[Mike Meridian @MikeMeridian]

@NotTheFakePJ @Arch_hustle @ESPN_BillC Iowa wins in mysterious ways.

[Mike Meridian @MikeMeridian]

@PatMcAfeeShow Incredibly generous! You guys put on an unbelievable show and deserve the success! Love that you spread the success around to good causes with genuine joy! ���💛

[Pat McAfee @PatMcAfeeShow]

We will donate one million dollars to the University of Iowa Health Care Stead Family Children's Hospital..

We would like to thank that hospital for everything that they do #PMSLive

[Mike Meridian @MikeMeridian]

@callmeed I always just leave but I let housekeeping know on the way to the elevator.

[Mike Meridian @MikeMeridian]

I totally identify with this! My day starts out amazing as I hit a nearby coffee shop as part of my daily routine. I don’t even have to order. Always get a greeting and smile. It’s a little boost to go with the coffee that is meaningful.

[Sahil Bloom @SahilBloom]

The older I get, the more I realize the beauty in being a regular somewhere. Local coffee shop. Gym. Small restaurant. Whatever. There’s something special about the way these third spaces create a feeling of belonging. Real community. It’s deeply human and seriously underrated.

[Jan Jensen @goiowa]

Never long enough…but, how great was it to have @CaitlinClark22 back home?!🙌🏼 So awesome to see you, Caitlin! Love you much!😊And, just in case you haven’t heard…your shoes are🔥!

[David Eickholt @DavidEickholt]

This was really, really cool to see. Amazing to think about when you truly step back

[Hawkeyes Wire @HawkeyesWire]

ESPN "College GameDay" visits Iowa City: Best moments, highlights

📸 Julia Hansen/Iowa City Press-Cit, USA TODAY Network via Reuters Co https://t.co/uMMxQK8MrL

[Mike Meridian @MikeMeridian]

@sophstcrs Let the moment speak without the narrative. It’s a disservice to Caitlin and the kids. This isn’t the time or place.

[OnlyKlans1 @OnlyKlans1]

3/3
And this is where I think short-term and long-term $WYFI investors are looking at two different companies.

The short-term investor needs:
-NC-1 ramp
-Permanent financing
-Paris,Baseten and Iceland live
-NC-2/NC-3 closing with a tenant
-MTL-2 completion a with a tenant
-Revenue and EBITDA conversion

These milestones matter enormously over the next few quarters, and I’m watching each and every one.

But as a longer-term investor my outlook is focused on:
-What does this platform look like in 2027–2030 if they continue executing?
-How many owned and operated data centres will WYFI have?
-with current momentum, how huge will the Cloud business become?
-Will Cloud deals include large bespoke GPU deployments and is customer/project-financed infrastructure the status-quo?
-How much high-density Krambu capacity will WYFI have access to between now and 2030, knowing the ambition from 2030 is for WYFI to bring online 500MW annually?
-Where is the limit with Continuum (if there is one)?

Now compare that with how long it has taken companies such as $IREN, $WULF, $CORZ, $CIFR, $BTDR to build today’s platforms.

I’m not claiming $WYFI is bigger than those companies today. It clearly isn’t. But looking at how much has changed in roughly 14 months as a public company and what the platform could become if that pace continues, I don’t want to miss out on this asymmetric opportunity that my grandkids will thank me for….

So yes, scrutinise management. But distinguish between management decisions, shared execution dependencies and things genuinely outside their control.

14 month is enough time to start judging execution, but it isn’t enough time to expect a fully matured multi-billion-dollar AI infrastructure platform.

For me the thesis remains quite simple - Close the financing, deliver the contracted deployments, convert TCV into revenue and cash flow, bring more MW online, expand the customer base, keep proving Continuum. Do that, and management won’t need to win arguments with retail investors on X.

The numbers will do it for them.

If you made it this far, thanks for reading. Have a good weekend when it comes…

Long $WYFI.

[Mike Meridian @MikeMeridian]

@SeanMulkerrins @CoachHPrice It’s a nothing burger to me. I’d rather she be on the court when the Fever beat them tonight.

[Mike Meridian @MikeMeridian]

@RobSandIA Additionally allow the modular kit homes with RV plumbing as adus statewide. Have a way to get designs approved at state level that can be built on any lot in the state that has an existing SFD. In a nimby world, the cities will not do it if not forced.

[Mike Meridian @MikeMeridian]

@RobSandIA What is needed is something akin to Free Parking. We need areas where codes are limited to life safety. No licensing or permitting costs beyond life safety. Allow the modular kit homes with RV equivalent in sewer/water. Property taxes just on land value.