JR

Real Estate Investor. Crypto. 49ers, Giants, Warriors fan. Retired after 27 years as an FAA Air Traffic Controller.

[JR @seper8tor]

@jordanhaim29 @PaulGodsmark @danielbres93 I assembled this list with the help of Claude and it is Kati 2 lease specific. Feel free to use it if you wish.

[JR @seper8tor]

None of that has anything to do with what first needs to happen to sign a possible tenant. Completing specific prerequisites which should be announced through company updates or 8K filings are what I'm looking for to know they are close to signing a deal. I have a very specific list of items I'm looking for them to accomplish and until I see those happen I doubt a deal will be signed.

[JR @seper8tor]

I have several 100k shares of $SLNH but I don't think they will be announcing any AI tenants until end of year at the earliest. They should get a few more Bitcoin mining tenants but they simply do not have the prerequisites in place yet for a hyperscaler/neocloud tenant to sign on the dotted line IMO because they don't yet have a firm power path with signed contracts. Kati 2 is supposed to be powered by 59% wind, ~39% grid, and ~2% backup. They will need to have all the equipment contracts locked down with firm procurement dates. They have gas turbines on order but still need a gas supply deal and build a pipeline. Beyond that they need to secure and procure BESS and Diesel generators for grid stability and backup to guarantee the 99.982% uptime that their investor deck says their design will produce. Those contracts are still in progress. Since their Kati 2 design will be above 75MW they will also need an ERCOT study and PUCT approval because of Texas SB6. All this will need to be done before signing a tenant imo. That said, their pipeline is enormous and if you believe that every MW will be used then its just a matter of time until they rerate.

[JR @seper8tor]

@CillianBraille @OberynJaksho Love it when the tourists come out of the woodwork tryinig to be savants. They have no idea what some have held through with this company lol.

[JR @seper8tor]

Isn’t it sad that investors have to point this out? How is it that $GLXY can be so ahead of the market in spotting macro trends and allocating capital and yet be so poor at communicating to potential investors and current shareholders what they are doing and how it brings value to the company. WTAF is going on here?

[JR @seper8tor]

Riiiiiiight. Which part of that fantastic presentation could Mike not say with a forward looking statement’s disclaimer? The truth is Mike is terrible at talking up his own company and thus the company and the shareholders have suffered because of it. The job of a CEO is to present a vision of the future that investors want to put their $$ in while also creating cheap capital that will pull that future forward and allow the company to achieve its goals.

[JR @seper8tor]

@seongjunse80322 @perspez @SolunaHoldings That’s not at all what Soluna is saying or shopping to customers. The site is made for the latest liquid cooling and the Metrobloks spec sheet makes it clear.

https://t.co/WehbIplZc5

[JR @seper8tor]

@cdp81087 @danroberts0101 So you think announcing positive market moving news is better on a Friday after hours then Monday before the trading week. Noted!

[JR @seper8tor]

@thanatostrades I'm hoping for a little pre-earnings pop to make some beer money 😆

[JR @seper8tor]

$IREN They did it! Congrats to IREN investors. Interesting choice to release this after hours on a friday but I do believe this milestone should greenlight any deal they've got waiting. All MW's will be used!

[JR @seper8tor]

@Lazarus_Capital @TheKamaHsutra He was the smartest of all the IREN bulls. Stayed for the pump, probably sold with life changing money at the end of last year and is now sitting on a beach somewhere sipping Mai Tai's and watching girls in bikini's. If true, well done @TheKamaHsutra , well done 😁

[JR @seper8tor]

$IREN Hey, wasn't Sweetwater supposed to energize in April? I remember IREN bulls saying this for the past year and how they never miss a deadline. Asking for a friend 😉 @TheKamaHsutra where you at? You owe me money 😁

[JR @seper8tor]

@Rocky120638 @TheKamaHsutra Oh, so the April energization that all the bulls were pumping relentlessly as well as the statement that they never misses deadlines was incorrect. Thanks for confirming!

[JR @seper8tor]

@danroberts0101 $IREN Great, now we'll see if IREN actually has the expertise to make these massive clusters reliable at scale. Something they have never done before. It should be easy right? As I read one IREN investor say on X: "all you gotta do is plug em in" 😆😆

[JR @seper8tor]

$GLXY This! 💯
Also, Novogratz once said:

"I'd rather have a world class company that trades cheap then a shitty company that trades expensive"

While I understand the sentiment, our "marathon" has since turned into an Ironman and I for one am tired of a "World Class Company" that trades "cheap".

I hope he is too...

[Inverse Paul Allen @CillianBraille]

I am sure this will go unnoticed, but figure it's worth a shot in advance of tomorrow's ER/conference call for $GLXY

@novogratz @jonathan_mg27 @cferraro06 Last quarter, the market clearly took notice of the jovial, non-serious/chuckling and feeling of complacency by management during the conference call.

The poor crypto prices and "losses" in q4 were priced in (in my opinion) prior, but what was not priced in was the lack of a gritty, serious, and competitive tone. This quarter needs to be different. I implore you to change the messaging to one that focuses on a heads-down, going to battle type of mentality.

Competition is everywhere; big banks and tradfi are working to eat Galaxy's lunch. First mover advantage can only take you so far. Helios is a one of a kind asset; Reiterate this to the market! Let it be known that you are pissed off that the value is not being recognized (shareholders are pissed off FWIW) and the comparable DC names (IREN, CIFR, WULF, HUT, etc) being up 300-700% Y/Y while Galaxy is essentially flat is IRRATIONAL.

My 2 cents. Hoping for brighter months, quarters and years ahead.

[JR @seper8tor]

@Franchise9494 This could be us except @novogratz is too busy on social media giving us his views on ice cream, flexing his Nakamigos NFT or giving bad takes on IRAN. $GLXY? Whats that?

[JR @seper8tor]

@OscarVi28290114 Haha, you're right. Can't believe I missed that. My eyesight isn't what it used to be lol.

[JR @seper8tor]

$SLNH This price action makes me wonder if Soluna's pilot AI DC Project Grace results came back favorable and got leaked. The one they are doing with Siemens. Also, it appears this is Soluna's project Kati that is getting shopped around in this Linkedin post. I don't know of any other project of that size near McAllen that Metroblocks is working on. 350MW deal with that quick time to power should rerate this low market cap company violently. Devil will be in the details of the deal of course. https://t.co/4kXuOv047F