AntiKommunist

$IREN filed to dilute $6,000,000,000 at a $11.7B MC. That is not noise. This is Iren's way to monetize their 4.5GW capacity by selling all those new shares onto the open market. If you want some history on how this turns out: Look at $BKKT that crashed 99% with Mike and $IREN board of directors history with excessive ATMs. Or his recent company $ASST. It’s accretive to the company and executives: Because it wipes out all retail shareholders and they can always issue SBC. So they don’t actually care what stock price it needs to be at to sell. After they’re finished, they have $6B in new cash to use for scaling without paying interest. But the reason why convertible notes with interest, and $NVDA funding balance sheets is much better for retail capital: Is because it doesn’t wipe out retail equity to achieve this. Because at this point $IREN looks like the $AMC of datacenters with a dwindling moat, and looming $6B in shares sold into the open market. Reason I post about $IREN is because - people dismiss a $6B ATM as “Noise” - it’s one of the most popular retail “buy the dip” companies that they’re buying into a $6B dilution machine - people still don’t understand the risk at all. - the amount they have now is not enough to finance GPUs/GW capacity monetization. - they likely will have to use the ATM, it’s not “optionality” Again: I have zero positions in the company. I’m just warning retail investors that this ATM structurally wipes out your equity appreciation by how structural mechanics of $6B+ ATMs work. Because $IREN likely needs to sell new shares at any price to monetize their GW, otherwise there would be zero need to file it. Executives actually don't need to care because they can make up for stock price dropping by issuing SBC like $SNAP. If you have to wonder if your equity gets wiped out from an excessive ATM: There are better longs out there than $IREN.

CHINESE SHIPS EXIT HORMUZ IN RARE TRANSIT Two Cosco-linked container ships have exited the Persian Gulf via the Strait of Hormuz, marking the first transit by a major Chinese operator since the war began. The vessels — CSCL Indian Ocean and CSCL Arctic Ocean — made it through on a second attempt after turning back days earlier. Both appeared to be carrying only empty containers and signaled Chinese ownership and crew during the passage.

Start a war with no apparent plan or strategy other than hoping Iranian people will rise up (they didn’t). Bomb the crap out of everything (doesn’t work). Don’t plan for the closure of Hormuz (all oil stopped). Try to bully EU NATO allies to fix it (they won’t because they weren’t consulted and a month ago an invasion of Greenland was threatened in earnest now they hate the U.S.). Gulf states getting bombed (but not retaliating). Try to TACO (impossible because it’s a full on serious war now). Crash the markets and set up a stagflationary recession (gaslight everyone every 2 hours about how everything is great and it’s almost over and inside trade it with administration buddies). Say it’s over (it’s not). Say you will never put boots on the ground (you become another worse version of George W. Bush). Basically do the dumbest thing ever seen in the Middle East, screw it up royally, and leave everyone else holding the bag.

Nicht alle Männer, aber es ist immer ein Mann doch keiner von ihnen wars, sie haben weiße Westen, jede meiner Freundinnen hat die Shize mal erlebt aber niemand ist ein Täter und ich frag mich wie das geht