Data infrastructure 5x play

derisking in full play

A lot has happened since our first article.

The setup is clear.

They want to build a powered shell, lease it to a hyperscaler. Microsoft, Google, Meta, or Amazon will bring in the GPU racks and other infrastructure.

Hyperscaler negotiations are ongoing.

And if they pull it off, the company won’t be a microcap for much longer.

But in the meantime, they have a $50M debt to repay. With an ultimate date set on the 30th of June.

That means they need money, and there are only 2 ways to procure it: by equity issuance or debt financing.

And yesterday, they ripped off the band-aid, and I believe they are now in a great position to execute.

Let me explain in detail why I think this play still has a 5x upside from today’s price.