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mikealfred
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Higher highs, higher lows. Tick tock. $150,000 is just around the corner.
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mikealfred
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Hello? Tradfi bros? President Donald Trump’s own media company is raising $2.5B in equity and debt to build a Bitcoin treasury strategy. For god’s sake, it’s so damn obvious what’s about to happen. Wake up already. 🤣🇺🇸🚀
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In June 2024, Coreweave offered to buy Core Scientific for $1B. Investors are enamored with CRWV's asset lite model and have bid it to a $58B market cap. CORZ is only worth $3.3B despite being a key component of CRWV's ability to hit revenue targets. CRWV should buy a miner ASAP.
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CIFR is almost completely controlled by HFT algos. The bid ask is unusually glitchy in the way it moves. The machines are doing the best they can to keep this thing down but there is nothing they can do to stop it from ripping higher as the catalysts play out. Patience.
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The MARA to MSTR spread is almost 900 basis points today. MARA is essentially trading at a negative mNAV if you give them any reasonable credit for their operating business. CoreWeave trading like it’s going to infinity. Just a matter of time now. Markets are smart. Give it time.
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5 minutes before market open and the short attacks on miners already starting. These guys are getting increasingly desperate. You really love to see it. They are going to get completely run over when BTC breaks out and a handful of large AI deals get announced. Predictable.
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