Aug. 18 at 1:09 AM
$APLD I am trying to go down rabbit holes for
$CHRN , and while I come up emoty, I'm left with an interesting thought...
Again, we see/hear of IREN, CRWV and NBIS seeinf way higher rates for available capacity.
CHRN is that same mold, so theoretically same story for them.
What happens if CHRN signs a deal similar to what IREN did with MSFT? (Not necessarily MSFT themselves, but just the dollars).
CHRN in a deal like that, on even just 50MW (that smaller "pocket" I mention), sees an ARR of
$485M a year.
What happens then? Well... CHRN has a very small float. You get a nice headline and she could blow up.
But then also, whats good for the goose is good for the gander. Right into APLD's bottom line.
Interesting to ponder, and perhaps worth getting a position in CHRN.
What do we think?
https://x.com/i/status/2088982265317470696
