seanpclancy

ペルソナ

[seanpclancy @seanpclancy]

updated holdings by mv-

$BMNR $IREN $VST $SMR $BTBT $ORBS

[seanpclancy @seanpclancy]

@RobinhoodApp we need financial in canada!

[seanpclancy @seanpclancy]

$BMNR

[Sun Liao @sunxliao]

Like I said... $ETH $3K waiting room!

$ETHA and $BMNR about to wake up.

Enough weekly blue diamonds since below $2K and just needed some patience.

At $3K, I'll share my next target. 😄

[Flow God @FL0WG0D]

$ORBS - $200K Call buyer

[seanpclancy @seanpclancy]

$ORBS ⏲️

[Bobby @FlowbyBobby]

🐳whale buying $200k $ORBS 1.5 C 11/20/2026 (26% OTM)

[Prof @TheProfInvestor]

$IREN This consolidation is absolutely crazy.

Such a wide range.

Already 45% off the support
And the breakout is still pending.

People who believe in the company should already be in. No exceptions.

[seanpclancy @seanpclancy]

$IREN opp

[Polymarket Money @PolymarketMoney]

JUST IN: Nvidia CEO Jensen Huang declares a 1 GW AI factory can generate about $50,000,000,000.00 per year in rental revenue.

[Danny Marques | Investing Informant @Invst_Informant]

Nobody cares about $BTBT anymore but how has no one shared this BTBT / ethereum:native pair chart

We've got a 4 year falling wedge, with an incredibly strong support / base being created. A move into the cloud is a 2.5 - 3.5x outperformance against ETH

@BitcoinAIGuy @Freedom_By_40

[seanpclancy @seanpclancy]

long $IREN

[Chamath Palihapitiya @chamath]

Prediction: within 12 months, top three models will be open source.

Economic winners will be the American clouds that serve them:

Nebius
Iren
Baseten
Together
Fireworks

[seanpclancy @seanpclancy]

$VST 📌

[amit @amitisinvesting]

I think $VST looks compelling here.

At $138, Vistra feels like one of the cleaner ways to play the AI/data center power trade without paying a large multiple.

The numbers:

- Q2 adjusted EBITDA: $1.77B, +31% YoY
- 2026 EBITDA guide: $6.8B-$7.6B
- 2026 FCF before growth: $3.9B-$4.7B
- 2027 core EBITDA opportunity: $7.4B-$7.8B
- Shares outstanding down ~30% since 2021

The obvious bottleneck continues to be energy and it seems like $VST is attacking that head on:

- AWS signed a 20-year deal for up to 1.2 GW from Comanche Peak.
- Meta signed 20-year agreements covering 2.6+ GW across Vistra’s nuclear fleet.

Roughly 3.8 GW tied to AWS + Meta alone. Then there is also Helix, the AI infrastructure platform with KKR, NVIDIA and KIA. Vistra is the preferred power provider for this.

VST is also acquiring Cogentrix, adding ~5.5 GW of gas generation, with the deal expected to be accretive to FCF/share starting in 2027.

The valuation is compelling:

At $138:

~13-15x forward EPS
~9-10x 2026 EV/EBITDA
~8x 2027 EV/EBITDA
~10-11x 2026 FCF before growth

Meanwhile $CEG trades closer to ~22x forward earnings and ~14-15x EV/EBITDA.

I don’t think VST deserves CEG’s full multiple, but the gap looks wide given how much exposure VST has to the same nuclear/power scarcity theme. At the same time, CEG has almost the same amount of debt as VST at $19B. CEG has much more hyperscaler exposure so it deserves a higher premium, but it seems likely for VST to be rerated on solid execution.

The risks:

- Merchant power prices can weaken
- Debt/leverage is meaningful
- Nuclear outages/regulatory issues can hurt earnings
- AI power demand is already a crowded theme
- Heavy hedging limits near-term upside from higher spot power prices
- Cogentrix/Helix still need to execute
- More generation or slower AI capex could reduce the scarcity premium

The risks are important here but they are mainly tied to regulation/execution, the underlying thesis is that energy continues to be a huge bottleneck.

What I also like is that you don’t need some crazy AI multiple for this to work and deliver returns from here as the stock is already down 15% YTD:

- Bear: $110
7x EBITDA / ~$7B EBITDA
- Base: $185
9x EBITDA / ~$8B+ EBITDA
- Bull: $240
10-11x EBITDA / ~$9B EBITDA

$VST has $1.22B remaining on its buyback authorization and 336M shares outstanding, after repurchasing $778M of stock in 2026 and $6.5B since November 2021, helping reduce its share count by roughly 30% since 2021. That’s actually interesting now because the stock is around $138 so if management keeps allocating FCF to repurchases at these lower prices, every $1B of buybacks would retire roughly 7.2M shares, or a little over 2% of the current share count.

Finally, Peter Thiel bought $59M of it in Q2 and David Tepper added to his position by 10% making it now worth 4% of his portfolio with a $350M position size.

I took a small starter position today to keep track of it as I'm still doing DD but it does feel more compelling than not.

[Mind Investor @mind1nvestor]

If I had to bet on ONE sector delivering one of the most powerful bull runs of the next 5 years...

Energy & battery solutions would be my pick.

The upside potential I'm tracking is ridiculous:

$SMR → 1,400%

$OKLO → 1,400%

$EOSE → 800%

$TE → 800%

$FLNC → 750%

$AMPX → 700%

$NRGV → 600%

$BE → 500%

Sounds crazy? It should.

If everyone already believed in the next 10x, you wouldn't be getting 10x prices.

Opportunity comes before consensus.

[seanpclancy @seanpclancy]

$IREN one of the strongest ai infrastructure plays in the market..

[chad. @chad_ventures]

$IREN turns out the only argument for a bounce was sufficient

Now approaching my favorite level again - $42

[seanpclancy @seanpclancy]

@LeaderInvests watch all you want this bad boy is going higher

[seanpclancy @seanpclancy]

@sunxliao $BMNR next

[seanpclancy @seanpclancy]

$ORBS

[Sam Altman @sama]

we made a chip and it is fast

[mon @moninvestor]

My favourite stocks in each sector right now:

Nuclear: $SMR
Robotics: $OUST
Rare Earth: $UAMY
Copper: $COPX ETF
Memory: $DRAM ETF
Space: $SATL & $VELO
Solar: $CSIQ, $TE & $ENPH
Drones: $ONDS & $KRKNF (UUVs)
Neoclouds: $IREN, $NUAI & $KEEL
Health/Bio Tech: $HIMS, $IBRX, $PRME

[seanpclancy @seanpclancy]

@nataninvesting if only we both held here lol

[The Tech Investor @TheTechInvest]

JUST IN: Mike Alfred Top 10 Positions Excluding ETFs and Calls:

1. $CIFR | $83.6M
2. $IREN | $34.4M
3. $OPEN | $21.8M
4. $NVO | $9.6M
5. $BKKT | $7M
6. $ASST | $6.1M
7. $BMNR | $1.3M
8. $SLNH | $1M
9. $BBBY | $579K
10. $WYNN | $485K

[seanpclancy @seanpclancy]

@Gubloinvestor $RY 📈

[Polymarket @Polymarket]

JUST IN: Meta to reportedly build a $9,000,000,000.00 AI data center in Alberta, Canada.