@MartyBent The idea of willingly letting a company edit your DNA is psychotic
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Cody Gulseth
1.3K posts
Cody Gulseth
@GulsethCody
Building in the real world | Onward | #bitcoin
Texas, USA Katılım Mayıs 2015
470 Takip Edilen267 Takipçiler
Call me a Luddite, but I have a feeling a lot of this GLP-1 and DNA editing is going to end terribly.
What has Big Pharma done recently to earn the public's trust? Is cholesterol as bad as we've been led to believe?
Stop trying to play God.
TFTC@TFTC21
Eli Lilly is spending up to $3.8 billion to buy three vaccine companies, funded by GLP-1 profits. The company is also developing a one-time gene-editing treatment that is designed to lower cholesterol permanently by editing your DNA directly.
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@danroberts0101 The Nebius bros don’t have the attention span to read this thread
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Cody Gulseth retweetledi
𝐓𝐡𝐫𝐞𝐞 𝐋𝐚𝐲𝐞𝐫𝐬. 𝐎𝐧𝐞 𝐂𝐨𝐦𝐩𝐨𝐮𝐧𝐝𝐢𝐧𝐠 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞. 𝐓𝐡𝐞 𝐈𝐑𝐄𝐍 𝐓𝐡𝐞𝐬𝐢𝐬.
There's been a lot happening at IREN recently.
Expansion across North America, Europe and Asia-Pacific.
The NVIDIA partnership.
The Mirantis acquisition.
New GPU deployments.
New customer discussions.
A growing global footprint.
Underneath all of it is a fairly simple view of where the world is heading, and a deliberate strategy for how we position IREN within it.
That strategy is built on three layers. Together, they compound into a structural advantage that gets harder to replicate every quarter we execute.
Layer 1: Physical infrastructure. Power, land, substations, data centers, cooling. The foundation that everything else sits on.
Layer 2: Compute infrastructure. The GPUs, servers and networking that go inside those buildings. Deployed at scale. Generating revenue. Building execution track record.
Layer 3: Software and operational capability. The orchestration, deployment tooling and enterprise expertise that makes the first two layers work harder for customers, and opens the door to a broader, higher-value market over time.
Layers 1 and 2 are where the overwhelming majority of IREN's value is being created today. Layer 3 is where that advantage compounds further over time, but only because Layers 1 and 2 are built, owned and controlled at scale by IREN, not subscale nor contracted from a third party.
Think of Amazon. They didn't win e-commerce by building a great website. They won it by controlling the fulfilment infrastructure at a scale nobody else could replicate. The foundation you don't control becomes the ceiling on your business.
That is exactly how we think about IREN. The physical infrastructure - the land, the power, the substations, the data centers - is owned and controlled by us. The compute deployed into it generates the revenue and execution track record. And the software, orchestration and enterprise capability we are more methodically building on top is what turns the total product into a vertically integrated AI Cloud platform that compounds over time and deepens into a competitive moat.
AI is still early. The bottleneck is increasingly physical. And we have spent eight years building the foundations.
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Cody Gulseth retweetledi
This is the single most important chart.
If AI were driving prices, you'd see a cluster top-right. You don't.
States with huge load growth (VA, TX, NV, ND, IA) sit at ~0c change in 5y. States with massive price hikes (CA, NY, MA, CT) have basically NO load growth.
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The U.S. massively underinvested in the grid for decades because there wasn’t enough demand growth to justify major expansion. AI completely changes that.
Data centers guarantee long term power demand, which makes new generation and transmission economically viable again. The math on new generation vastly improves bc fixed infrastructure costs get spread across far more usage. All the richest companies in the world are willing to go cash flow break even to negative to guarantee the build out happens.
And politically, these companies can’t afford to be blamed for rising electricity costs. Any data center that increases local electricity costs is dead on arrival or will get shut down. They will overbuild capacity to guarantee that does happen.
This isn’t guaranteed to happen and definitely won’t happen for a few years as some of this infrastructure buildout is completed. But, it’s what I think happens long term. It will be good for everyone.
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And that data center will serve 50 million households. Divide the power consumption of the data center by the number of households it serves and it’s about a 0.2% increase in household consumption.
Reality is inflation and higher fossil fuel costs from the pandemic are just flowing through to retail electricity prices now. Too often, these data centers *do* have to pay to upgrade the grid themselves and face crippling delays and red tape.
We need a 21st century grid that works for everyone. Government leaders like yourself have totally neglected this, failed to implement any meaningful policy improvements, and are responsible for the current shit show.
Please stop playing the blame game and take accountability for making sure this country has the energy infrastructure it needs to grow.
If we cannot build a 21st century grid, we will not be able to train the best AI models, and the era of American dominance will end quickly.
Elizabeth Warren@ewarren
A single AI data center uses as much electricity as 100,000 households—and utility companies are passing the upgrade costs to you, not to the trillion-dollar tech giants. I've opened an investigation. These companies need to pay their costs.
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@thepowerfulHRV Building a prototype is easy. Manufacturing is hard
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I hate to say this as a $TSLA shareholder: Figure is ahead in humanoids
Brett Adcock@adcock_brett
Figure taught two robots to make a bed together - fully autonomous Honestly, they’re better at it than most humans
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@Agrippa_Inv @amitisinvesting @1Santova @grok why would Nvidia negotiate for warrants above the current stock price and allow a performance clause to be included? What would be the benefit to Nvidia doing it this way vs just buying IREN shares in the public market?
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@amitisinvesting @1Santova Nah, you are getting this wrong Amit. $IREN didn’t want to give up equity at spot price & thus negotiated for $70 warrants.
On top of that Nvidia only gets warrants in tranches as THEY delivery GPU capacity to $IREN.
$IREN is the one in the drivers seat here, not $NVDA.
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$IREN $NVDA
IREN PARTNERS WITH NVIDIA.
Iren signed a $3.4B, 5-year AI Cloud contract with Nvidia entering into a 5GW strategic partnership.
I am not a huge $IREN investor, but at $43, it felt like there was a bit to much hate on the name given they still are a neocloud with capacity for compute and the entire world is compute constrained.
Today's deal isn't a massive hyperscaler deal, but it does feel more bullish than not. No one knows if the stock can easily maintain the $70s like it did on the initial after-hours pump, but the most important part of this announcement is Nvidia is granted the right to purchase 30M shares at...$70 a share.
Effectively, Nvidia is saying we think $IREN is worth a minimum of $70. The interesting thing is that Nvidia is not yet *directly* investing, which is what they did with $CRWV and $NBIS.
For whatever reason, Nvidia is waiting to make the investment but if they are willing to buy at $70, it's them telling the street that we believe this company is worth that much and the cloud contract we signed with them today signifies that.
Not a major hyperscaler deal but seems pretty bullish long term and hopefully a much larger compute deal is on the way for the company.
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Cody Gulseth retweetledi
SUPER POSITIVE CHANGE.
Companies are now more incentivized to invest in decisions that are LONGER TERM - instead of having to appease everyone quarter by quarter.
I would've like this to move to yearly TBH - but a huge positive step.
RISK TAKING IS ABOUT TO EXPLODE!
Sawyer Merritt@SawyerMerritt
Today, the SEC officially unveiled a proposal to give public companies the option to report earnings twice a year instead of every quarter. “Public companies have an obligation under the federal securities laws to provide information that is material to investors. Yet, the rigidity of the SEC’s rules has prevented companies and their investors from determining for themselves the interim reporting frequency that best serves their business needs and investors. Today’s proposed amendments, if ultimately adopted, would provide companies with increased regulatory flexibility in this regard,” said SEC Chairman Paul S. Atkins. Under the proposal, the filing deadline for semiannual reports on Form 10-S would be 40 or 45 days, depending on the company’s filer status, after the end of the first semiannual period of the fiscal year. The proposal also would amend Regulation S-X, which governs the financial statement requirements for periodic reports, registration statements, and proxy statements, to reflect the new semiannual reporting option and simplify the existing financial statement requirements.” Not sure how I feel about this. On one hand it would allow companies to focus more long term, but it would also reduce transparency. A lot can happen in 6 months between reports. The change would probably be a net positive though.
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@Leishman River credit/debit card with bitcoin rewards in the future?
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You can connect River to your other financial apps (e.g. credit card) via Plaid to pay bills and move money.
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@sama He just found out that saying AI was going to replace all humans by 2027 was bad PR
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we want to build tools to augment and elevate people, not entities to replace them.
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Cody Gulseth retweetledi
In the span of ~3 months, the team @basepowerco has built out operational tools that replace or avoid the purchase of an enormous amount of SaaS.
Token costs might actually equal the cost of buying the SaaS, but cost isn't the point.
It's the fact that the tools are perfectly tailored to our operations, infinitely customizeable going forward, and tied into our data.
A sampling:
- Warehouse Management System (WMS)
- Manufacturing Execution System
- CRM for B2B sales
- Material Requirements Planning (MRP)
- Sales & Operations Planning tool
- Labor crew management, forecasting, and associated vehicles tool
- Policy objectives and stakeholders tracker
- Countless dashboards for each team
The impact that AI has had on our business is incredible.
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My contrarian take is that in 2-3 years (when $STRC is more mature), $STRC will perform better in bear markets than bull markets
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@amitisinvesting @GrahamStephan Real estate investing is going to underperform, but you need to own your own house if you have the money. Living in a house owned by someone else is beta energy
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@GrahamStephan ton of people got mad me for this but I agree with you 🫠
there is a new American Dream
amit@amitisinvesting
@unusual_whales hot take the american dream is no longer owning a home with a 30yr fixed rate the american dream is owning a sizeable position in $NVDA Nvidia being a metaphor for the stock market, particularly AI that is what is growing over the next decade — not housing
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I’ve spent a decade telling people to do what I do: "Buy and Hold."
Now I've decided to list my entire real estate portfolio for sale and walk away.
It started slow. The bills, the maintenance, the tax increases... but the final straw was when I tried to develop an ADU to do exactly what the city of LA claims it wants investors like me to do: Create more housing. You'd think they'd make it easier, but after two delayed inspections, a sewer pipe replacement that needed 75 days advance notice, and a city-owned tree that became my responsibility, I'd had enough.
The identity of being a real-estate guy is very hard to walk away from, trust me. For a long time, I stayed just because real estate was my "thing." It’s how I started. It’s what I’m known for. It led to every good thing in my life. But that blinded me to the fact that just because something served me in the past, it doesn't mean things haven't changed in the present.
The reality of 2026 finally stripped the emotion away. My LA rentals are netting about 4-5% after the constant background noise of taxes, insurance spikes, and repairs. Meanwhile, a risk-free Treasury pays 5%. The trade-off just doesn't make sense any more.
I’m reallocating to a liquid portfolio that actually lets me focus on the work I love. I published a deep dive on my Substack about the ADU nightmare that broke my patience, the exact numbers behind the exit, and where I’m moving the money next to buy back my sanity.
I'll drop the link here in a bit.
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Talked to a head of engineering for a large private company recently, ...
"Bitcoin will go to zero because of quantum."
Why is it not at zero now? Furthermore, don't you think the fact that it is worth something above 0 warrant further investigation.
Being smart can sometimes hurt in Bitcoin.
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Cody Gulseth retweetledi
If you want to know what’s really safe or what’s not, just try buying insurance for it
X Freeze@XFreeze
Tesla's Full Self-Driving (FSD) is currently ~9x safer than the average human driver Because of this massive safety advantage, auto insurance providers like Lemonade are now offering Tesla owners up to a 50% discount on their per-mile premiums when FSD is engaged Choosing Tesla FSD driving is not just safer, but it also directly saves you money
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@Jason There might not be a person on the internet that more perfectly embodies the Dunning Kruger effect
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[ NOT FINANCIAL ADVICE ]
[ NOT FINANCIAL ADVICE ]
Family member: "What's this $tao you keep talking about on the pod?"
Me: "Sell half your $btc, buy $tao "
[ NOT FINANCIAL ADVICE ]
[ NOT FINANCIAL ADVICE ]
#remindmeofthistweet in six, 12, 18 and 24 months
What logical sense does it make to buy $mstr instead of $btc directly?
Michael Saylor@saylor
The Orange March Continues.
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@farzyness They don’t need to. The AI CEOs’ public statements are all you need. If they had any ability to read a room there would be no anti-AI movement
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Wouldn't be surprised AT ALL if China is funding the anti-AI movement in the US.
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@TFTC21 Money printing isn’t a problem when you’re one of the people benefitting from the money printing
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