DanielRomero

One of the biggest fumbles in recent years:
- SoftBank sold 80% of Boston Dynamics for just $1.1B
- Surprisingly, no one in the US acquired it at a $1.4B valuation in the middle of the post-pandemic bubble
It could have added tens of billions in equity value to any US company
Figure AI is valued at $39B...

5 Bitcoin Miners that could re-rate in 2026
$CLSK
$BITF
$DGXX
$SLNH
$RIOT

$RIOT was telling you to invest in $HUT 2 months ago

From a geopolitical standpoint, everyone would benefit from a regime transition in Venezuela
The largest oil reserves on Earth are being held hostage by an incompetent dictatorship
AI requires abundant, low-cost energy. Unlocking these resources would help bring global energy prices down
It is a win-win for anyone not dependent on exporting energy resources

$AMD captures 47% of Steam’s CPU market, closing the gap with $INTC
$AMD captured 47.27% of the CPU market among Steam users in December 2025, gaining 4.66 percentage points in a single month

$INTC was the best-performing underdog of 2025 (+94%)
It outperformed:
• $NVDA (+37%)
• $AMD (+84%)
• $AVGO (+50%)
• $MRVL (-21%)
• $ALAB (+33%)
• $ASML (+43%)
• $GOOG (+64%)
• $ARM (-10%)

Predictions for 2026:
• Data center stocks blow past ATHs as the power bottleneck becomes even more obvious
• The first AI operating systems show up, with complete control over the computer
• Memory stocks go higher, the top isn’t in
• Vibe run companies appear, businesses where AI does everything, from market research to promotion
• With the surge of AI accounts, companies start requiring proof of personhood, with a clear distinction between AI influencers and human influencers
• We see the first patent with AI listed as an inventor
• Finance moves toward a 24/7 model, powered by block

Bank of America analyst Vivek Arya projects that global semiconductor sales will surge roughly 30% year over year, exceeding $1 trillion in 2026
$NVDA $AMD $AVGO $INTC $QCOM $ARM
At 15x sales, that implies a $15 trillion valuation for chip sellers
Imagine the opportunity by 2030+

Which one is more likely to 2x this year?
$NBIS at a $21B market cap
$IREN at a $11B market cap
$CIFR at a $6B market cap
$HUT at a $5B market cap
$RIOT at a $5B market cap
$WULF at a $5B market cap
$CLSK at a $2.7B market cap
$BITF at a $1.4B market cap
$DGXX at a $165M market cap
$SLNH at a $115M market cap

How is nobody talking about $RIOT?
• Half the market cap of $IREN
• 1 GW data center campus under construction
• 36.5 EH/s of deployed hash rate
• 2 GW of total power capacity

I slowly exited $HIMS after the last time it crossed $60
I exited completely two months ago
My reasoning (happy to discuss):
• Core business slowdown
• Reliance on GLP-1
• Threat from oral GLP-1
• Mid-to-Low barriers to entry
• Weak consumer data
• High costs related to European expansion
• Lack of insider buying, even at these prices
• Gross margin compression

ERCOT has 226 GW of large-load interconnection requests
Total installed capacity stands at 183 GW
That means the 226 GW load queue is roughly 1.23× ERCOT’s entire installed generation
$CIFR has already started diversifying away from ERCOT, with its new Ohio site acquisition
$GLXY 2.7 GW expansion potential now seems unlikely in the near term
Those that have already secured approvals hold a clear advantage:
• $IREN already has 2 GW approved in Sweetwater
• $RIOT has 1 GW approved at its Corsicana site

ERCOT has 226 GW of large-load interconnection requests
Total installed capacity stands at 183 GW
That means the 226 GW load queue is roughly 1.23× ERCOT’s entire installed generation
$CIFR has already started diversifying away from ERCOT, with its new Ohio site acquisition
$GLXY 2.7 GW expansion potential now seems unlikely in the near term
Those that have already secured approvals hold a clear advantage:
•$IREN already has 2 GW approved in Sweetwater
•$RIOT has 1 GW approved at its Corsicana site

$RDW is gaining more traction than ever before
However,
The company has $54m in cash and is burning over $40m per quarter
It also has an undrawn revolver of $35m
Even with the $250m ATM set for this quarter, total available liquidity would only provide roughly two years of runway, while the company still carries around $200m in debt
At the current $1.1b market cap, the ATM would be highly dilutive, and the debt load concerning
Summary: $RDW urgently needs new contracts and, more importantly, good execution to deliver them with good profitability

$NBIS: Current Footprint