Historically a bitcoin miner. Over time, has really built expertise in how to build compute very similar to what data centres need on the AI side. Very volatile, as business is misunderstood by market. Securing long-term contracts with hyperscalers (or CoreWeave), power capacity, and land value. Pretty solid business model. Should still do well as a standalone if CRWV deal falls through. It'll come down to execution.
Historically a bitcoin miner. Over time, has really built expertise in how to build compute very similar to what data centres need on the AI side. Very volatile, as business is misunderstood by market. Securing long-term contracts with hyperscalers (or CoreWeave), power capacity, and land value. Pretty solid business model. Should still do well as a standalone if CRWV deal falls through. It'll come down to execution.
She owns APLD instead.