L1m05
757 posts
I still am bearish on $IREN.
Algorithms/retail probably read $NVDA + $IREN partnership and bought it up.
However, if you look at the realtity, it's just looks like brand agreement giving $NVDA risk-free convertible notes.
So $IREN can continue selling their $6,000,000,000 ATM into retail investors.
It's the equivalent of a startup using AWS and saying they have an Amazon partnership so give them $6B.
This wasn't Nvidia directly funding $IREN yet, just a risk free option to.
There's a "5 GW deployment" but I'd rather not be the one buying into the dilution to fund it.
Cooker.hl | Kms.eth | 版本之子 | Cooker@CookerFlips
@aleabitoreddit $IREN announcement 🤯
English
Spirit Airlines Announces They Will Tell You Why They Went Bankrupt For An Added Fee Of $50 buff.ly/EZZ9o7E
English
Amazingly, it seems like every Sunday night we get an Axios report that a peace deal is imminent.
English
🚨🇮🇳 BREAKING
Massive fire erupts at a joint India‑Israel defence facility in Delhi, reportedly killing multiple workers from India and Israel.
Indian media is blaming pro‑Iran supporters in India for this.
English
BREAKING:
Spain’s Prime Minister Pedro Sanchez calls for an end to veto power in the UN Security Council.
English
@WhiteHouse Where? Which states are these? Care to elaborate?
The White House@WhiteHouse
Gas has fallen thanks to President Trump!
English
“Indira Gandhi once said - Big problems solve themselves. Don’t worry about Israel or USA. You Focus on your portfolio.”
“Let Promoter run the company. Biden run USA. Modi run India. You have Rs 50,000 portfolio, stop worrying about the world”
- Vijay Kedia. Src. WIRC ICAI
English
L1m05 retweetledi
🚨 Why Jim is WRONG on $IREN vs $NBIS: The "Server Mechanic" Fallacy 🚨
@jiahanjimliu gave a highly detailed pitch for $IREN. We respect the effort, but his core thesis rests on historical revisionism, a fundamental misunderstanding of GPU orchestration, and heavily skewed context.
Let’s dismantle this case👇
🔹 The $NFLX Illusion: A Historical Category Error
Jim argues @netflix beat @Disney because they "built their own software infra in-house." The fatal flaw: Netflix explicitly abandoned managing its own physical data centers. They moved 100% of their core compute to $AMZN AWS because they couldn't rack servers fast enough. In Jim's analogy, $NBIS is AWS and $IREN is the legacy physical data center. AI SaaS companies don't want to be server mechanics; they want a managed platform!
🔹AI Infra is Not "Just Kubernetes"
Jim argues SaaS companies will build their own cluster orchestration on bare metal. But orchestrating 150k B300s is a complex physics problem involving custom non-blocking InfiniBand fabrics, RoCE networking, thermal throttling, and firmware-level fault tolerance.
Startups won't burn 18 months building custom schedulers to save 10% on margins when they can use a managed PaaS to ship in 18 days. Time-to-Compute is the only moat!
🔹The $6 Billion Dilution Reality Check
Jim asks: "Do you think $IREN is going to dilute 6B on air-cooled GPUs?" Actually, Jim... YES. Just YESTERDAY, $IREN filed an updated prospectus massively expanding its ATM equity offering capacity from $1B to a staggering $6 BILLION. This represents a capital call equivalent to nearly half of the company's current market capitalization.
This massive dilution will fund their purchase of over 50,000 $NVDA GPUs, with NO Vera Rubin’s in sight. Meanwhile, $NBIS ended 2025 at $1.25B ARR, beating their outlook of $900M to $1.1B and will start offering Vera Rubins in H2 2026(confirmed).
🔹Independence, MO: Nebius is NOT "Late"
Jim claims Nebius's 1.2GW Missouri site is "late."
Fact check: 🛑 Independence City Council officially approved a Chapter 100 industrial development incentive package for Nebius to proceed with its 1.2 gigawatt AI data center project. Nebius is moving at hyperscaler speed and has increased its 2026 contracted power guidance to >3.0 GW. 🏗️
🔹The "Russian Engineer" Slur
Jim resorts to a bizarre argument, claiming a "strong team of Russians" can't beat Silicon Valley. This ignores @nebiusai actual pedigree. The core team (formerly @yandexcom ) built the only search engine and cloud infra to ever successfully beat $GOOG and $UBER in a local, free market.
When the war started, founder Arkady Volozh relocated over 2,000 elite, hyperscale-proven engineers to Amsterdam and Israel to build Nebius. You don't scale to $1.25B+ ARR without world-class talent! 🧑💻🔥
🔹The Valuation Reality (ClickHouse)
Jim mocks Nebius's subsidiaries, pointing to @ClickHouseDB $15B valuation on $160M ARR. What Jim leaves out: ClickHouse's ARR is growing more than 250% YoY. In Jan 2026, they raised a $400M Series D led by Dragoneer Investment Group, validating that exact $15B valuation. ClickHouse powers notable clients including $META, $TSLA, and @AnthropicAI . Nebius's stake is a massive, highly liquid asset! 💎🙌
🎯 Conclusion
Jim’s thesis imagines a 2030 where AI companies dilute equity to lease crypto-sheds and build custom schedulers. The reality? AI compute is moving to vertically optimized cloud stacks. Nebius provides the intelligence layer, $IREN provides the electricity.
If you want to bet on a landlord leasing space to server mechanics who just dropped a $6B ATM filing, buy $IREN. If you want the AWS of the AI generation, buy $NBIS. 🚀🌐 @daniel_koss
Jim Liu@jiahanjimliu
Why Jim Invest in $IREN instead of $NBIS @daniel_koss gave a well thought out $NBIS case. I will present the $IREN case. We've messaged and I respect Daniel's takes. We do occasional fact-based roasts for fun. To present my $IREN case, I will first explain why owning the
English
I wish to be even half as Chad as my NYT portrayal:
English
America's allies in the Gulf are in a race against time. They need interceptors to handle Iran's counterattack—and they're running out fast. on.wsj.com/4l1OXV8
English
"I have just been informed that we have destroyed and sunk 9 Iranian Naval Ships, some of them relatively large and important. We are going after the rest — They will soon be floating at the bottom of the sea, also!" - President Donald J. Trump 🇺🇸
English
RT @CernunnosCap: .@POTUS $SPY $QQQ
FAFO #OperationEpicFury
#Tehran #iran #openai #anthropic @OpenAI @AnthropicAI #Israël #Khamenei http…
HT
L1m05 retweetledi
When you thought your “effective altruism” Terms of Service outweighed the safety of American troops on the battlefield…
@DarioAmodei @SecWar @PeteHegseth @elonmusk @PalmerLuckey @DNIGabbard @sama
Turns out the Pentagon disagrees.
America’s warfighters will never be held
English
