Aug. 18 at 11:19 PM
$NBIS $NBIZ $NBIL
there is something that wallstreet realized that all retail investors haven’t realized yet about these data center votes are a lose lose for sentiment
a) passes -
$NBIS has to spend a big amount on capital expenditures while they are already 5x levered on a NEXT 12 MONTHS (so includes expectations)** ebitda basis (leads to over-levering, stock dilution, or slowing down buildout for future projects to take time and collect rev)
b) doesn’t pass - people see ai adoption as slowing down, and that the data center NIBMY problem is real. and/or energy will become a bigger bottleneck
