Postes
16- Becoming profitable
- Triple-digit sales and EPS growth
- Bitcoin mining - > Data center conversion
- Misunderstood business
- Vertically integrated
- $NVDA (+2,4 %) Preferred partner
Graphic from TannersTrades on x
$BTC (+1,03 %)
$BITF (+8,98 %)
$BTBT (+5,14 %)
$CIFR (+14,29 %)
$IREN (+8,73 %) Cantor Fitzgerald Raises PT to $100 from $49.
"We are raising our price target to $100, as we adjust our AI Cloud Services revenue estimates for IREN. Over the past several months, IREN has heavily leaned into its AI Cloud Services segment, a business we believe will ultimately closely resemble that of CRWV."
I have been thinking about making a few shifts in my treasury holdings. After reading a few articles, I think $GLXY (+3 %) very promising. I might therefore shift my positions into $3350 (+7,27 %) , $BTBT (+5,14 %) or even $BMNR (+2,37 %) a little.
What do you think?
According to OpenAI managers, the provision of 1 GW of AI computing capacity will cost USD 50 billion at today's prices. Morgan Stanley forecasts a demand for new data centers of at least 65 GW by 2028.
$IREN (+8,73 %) has secured 3GW, closely followed by a multi-GW pipeline. With a current market cap of around 16 billion dollars 🤔
I think we will still have a lot of fun here 👌
$CIFR (+14,29 %)
$BTBT (+5,14 %)
$BITF (+8,98 %)
$BTC (+1,03 %)
Analysts at research and brokerage firm Bernstein said Bitcoin miners are becoming the unexpected winners of the artificial intelligence infrastructure boom thanks to their access to pre-secured, high-density power capacity.
In a new report on Friday, analysts led by Gautam Chhugani argued that this power advantage makes miners key partners for AI cloud providers facing long connection delays and increasing network congestion. Bernstein named the leading listed Bitcoin miner by market capitalization IREN as its top recommendation, rated the stock as "outperform" and reiterated its recently raised price target of USD 75.
The report points out that Bitcoin miners have collectively secured access to more than 14 gigawatts of grid-connected power - much of it in regions with surplus renewable energy. This infrastructure could reduce the time it takes to deploy AI data centers by up to 75%, according to the analysts. This gives miners an edge over greenfield developers who face multi-year queues to connect to the grid. "Access to the power grid has become a very scarce resource in the US," the analysts write, emphasizing that miners are now attractive strategic partners for hyperscalers and AI infrastructure providers due to their early expansion.
$IREN (+8,73 %) The company controls around 3 gigawatts of operational and in-development power capacity in North America alone and has been the fastest to capitalize on the opportunity, according to analysts. The company has also acquired more than 23,300 GPUs - including the latest Blackwell models from $NVDA (+2,4 %) - and expects its AI cloud business to exceed $500 million in annual revenue by the first quarter of 2026. The upcoming 50-megawatt liquid-cooled data center from $IREN (+8,73 %) and a 2-gigawatt Sweetwater hub in Texas are key components of this expansion.
$CIFR (+14,29 %)
$BTC (+1,03 %)
$BTBT (+5,14 %)
$BITF (+8,98 %)
$CLSK (+6,87 %)
The tariff on Chinese imports has no material impact on the core business of $IREN (+8,73 %)
$IREN (+8,73 %) operates data centers in the US and Canada, uses domestically sourced GPUs (from Nvidia/AMD) and sells computing services directly to US companies.
Take profits if you want, stay true to your strategy, but don't make emotional decisions.
You must be able to sleep well with your investment or weight it in your portfolio in such a way that it lets you sleep well.
2026 will also be a very exciting year for Irish as significant capacities are being expanded and added.
$IREN (+8,73 %) methodical strategy - building a low-cost, high-density infrastructure initially through bitcoin mining and then expanding into AI computing - positions $IREN (+8,73 %) as a more resilient, vertically integrated player. Its strong asset base, low operating costs and limited reliance on external funding lend $IREN (+8,73 %) a structurally more profitable, lower risk business model compared to the highly leveraged, asset-light models of many newer cloud providers.
In general, Bitcoin mining typically requires much lower capital expenditure (capex) than AI or HPC data centers. However, Iren's existing data centers (e.g. over 150 MW in Canada) are configured for both Bitcoin mining and high-density AI workloads, with rack densities of around 80 kW. Despite this, Iren achieved construction costs of around $650,000 per megawatt, well below the $6-15 million per megawatt typical of specialized AI facilities. Iren's designs are not only extremely fast to build, but also easy to retrofit (e.g. rack density should be scalable to 300 kW and beyond), giving Iren a significant advantage in terms of flexibility and time to market (e.g. in relation to the B200s).
This efficient, infrastructure-oriented approach has $IREN (+8,73 %) enabled it to grow without taking on significant debt. In contrast, most of Neocloud's competitors, such as $CRWV (+6,56 %) have financed their rapid expansion by eliminating large amounts of debt. Unlike Irish, most neoclouds typically own little land or physical infrastructure, which can hinder future growth.
$CIFR (+14,29 %)
$CRWV (+6,56 %)
$BTBT (+5,14 %)
$BITF (+8,98 %)
$BTC (+1,03 %)
$NVDA (+2,4 %)
$AMD (+5,45 %)
Analysts at research and brokerage firm Bernstein said Bitcoin miners are becoming the unexpected winners of the artificial intelligence infrastructure boom thanks to their access to pre-secured, high-density power capacity.
In a new report on Friday, analysts led by Gautam Chhugani argued that this power advantage makes miners key partners for AI cloud providers facing long connection delays and increasing network congestion. Bernstein named the leading listed Bitcoin miner by market capitalization IREN as its top recommendation, rated the stock as "outperform" and reiterated its recently raised price target of USD 75.
The report points out that Bitcoin miners have collectively secured access to more than 14 gigawatts of grid-connected power - much of it in regions with surplus renewable energy. This infrastructure could reduce the time it takes to deploy AI data centers by up to 75%, according to the analysts. This gives miners an edge over greenfield developers who face multi-year queues to connect to the grid. "Access to the power grid has become a very scarce resource in the US," the analysts write, emphasizing that miners are now attractive strategic partners for hyperscalers and AI infrastructure providers due to their early expansion.
$IREN (+8,73 %) The company controls around 3 gigawatts of operational and in-development power capacity in North America alone and has been the fastest to capitalize on the opportunity, according to analysts. The company has also acquired more than 23,300 GPUs - including the latest Blackwell models from $NVDA (+2,4 %) - and expects its AI cloud business to exceed $500 million in annual revenue by the first quarter of 2026. The upcoming 50-megawatt liquid-cooled data center from $IREN (+8,73 %) and a 2-gigawatt Sweetwater hub in Texas are key components of this expansion.
$CIFR (+14,29 %)
$BTC (+1,03 %)
$BTBT (+5,14 %)
$BITF (+8,98 %)
$CLSK (+6,87 %)
Analysts at research and brokerage firm Bernstein said Bitcoin miners are becoming the unexpected winners of the artificial intelligence infrastructure boom thanks to their access to pre-secured, high-density power capacity.
In a new report on Friday, analysts led by Gautam Chhugani argued that this power advantage makes miners key partners for AI cloud providers facing long connection delays and increasing network congestion. Bernstein named the leading listed Bitcoin miner by market capitalization IREN as its top recommendation, rated the stock as "outperform" and reiterated its recently raised price target of USD 75.
The report points out that Bitcoin miners have collectively secured access to more than 14 gigawatts of grid-connected power - much of it in regions with surplus renewable energy. This infrastructure could reduce the time it takes to deploy AI data centers by up to 75%, according to the analysts. This gives miners an edge over greenfield developers who face multi-year queues to connect to the grid. "Access to the power grid has become a very scarce resource in the US," the analysts write, emphasizing that miners are now attractive strategic partners for hyperscalers and AI infrastructure providers due to their early expansion.
$IREN (+8,73 %) The company controls around 3 gigawatts of operational and in-development power capacity in North America alone and has been the fastest to capitalize on the opportunity, according to analysts. The company has also acquired more than 23,300 GPUs - including the latest Blackwell models from $NVDA (+2,4 %) - and expects its AI cloud business to exceed $500 million in annual revenue by the first quarter of 2026. The upcoming 50-megawatt liquid-cooled data center from $IREN (+8,73 %) and a 2-gigawatt Sweetwater hub in Texas are key components of this expansion.
$CIFR (+14,29 %)
$BTC (+1,03 %)
$BTBT (+5,14 %)
$BITF (+8,98 %)
$CLSK (+6,87 %)
- Convertible bonds worth USD 1 billion maturing in 2031
- Conversion rate: USD 85.62
- Capped calls up to USD 120 = no dilution up to USD 120/share
- Adds only ~11.7 million shares ( ≈ 4%) upon full conversion
- All proceeds will go towards GPU and AI data center expansion
You basically raised a billion dollars with almost no dilution. 👌
So today I have directly reinvested the proceeds secured below in 2 derivatives on $BTBT (+5,14 %) ( long turbo ) and on $PLTR (+2,15 %) ( Inliner )
After the first half of my derivative left my portfolio 1.5 weeks ago at $APLD (-1,54 %) left my portfolio with 200%, I have now also sold the second half as part of a small risk minimization.
Since I was also asked yesterday after my post on the bubble which stocks I see as most at risk in the event of a downturn and could speculate on short, I have to say that $APLD (-1,54 %) would certainly be one of them, like everything in the data center sector.
So also
But also companies like
$QBTS (+2,02 %) and all the other small quantum players
and also
$APP (+5,25 %) I see a good short opportunity in the event of a strong correction.
But it's not that far yet and who knows if and above all when it will happen.
In my humble estimation, it will not happen before the 2nd quarter.
That's why this list is not exhaustive and cannot be changed.
But you have to be prepared.
For those who are interested:
https://bitcointreasuries.net/
Entities holding >100 ETH in their treasury:
https://strategicethreserve.xyz/
$BMNR (+2,37 %)
$SBET (+4,31 %)
$MSTR (+1,88 %)
$SWC
$3350 (+7,27 %)
$CLSK (+6,87 %)
COIN (+9,92 %)
$MARA (+0,87 %)
$RIOT (+5,19 %)
$BTBT (+5,14 %)
$ETHM (-7,95 %)
$CORZ (+6,27 %)
$BTDR (+6,12 %)
$GLXY (+3 %)
$CIFR (+14,29 %)
$IREN (+8,73 %)
$DJT (+0,48 %)
+ 3
SHARPLINK GAMING $SBET (+4,31 %) BUYS ANOTHER 77,210 ETH ($295 MILLION) AND NOW HOLDS 438,017 ETH ($1.69 Billion) 🚀
$ETH (+2,63 %)
$SBET (+4,31 %)
$BMNR (+2,37 %)
Ethereum ETF inflows reached USD 2.18 billion last week.
Retail sales $ETH (+2,63 %)
Buying whales $ETH (+2,63 %)
Are there actually any $ETH (+2,63 %) bulls ? 😁
If so why, I would be interested 🤔
Meilleurs créateurs cette semaine
