Cody Smith

I think this is an absolutely brilliant framing of cycles

$BGDE tradingview.com/news/tradingvi…

@Chardonnay_OG That sounds like some Big Digital Energy right there.

Let’s say you had $500m -$1 billion you needed to deploy in the energy infrastructure, AI/HPC sector. Private or public. Where/how would you deploy this capital? Asking for a friend. TIA!

Four years ago, this post would have gotten you erased from the entire Internet, banned from the entire banking system, fired from your job, and blackballed from future employment in the Fortune 500.

If you grew up in Dallas, this one is going to stop you cold. Baby Doe’s Matchless Mine. Sitting on the highest point in Dallas — right on Harry Hines behind that famous waterfall billboard — overlooking I-35 and downtown. You walked through an entrance built like a real mineshaft, past rusting mining equipment and narrow gauge rail cars, into a dimly lit dining room that felt like you’d descended into the earth. It was unlike anything else in Texas. From 1976 until it closed in 2005, generations of Dallas families celebrated birthdays, anniversaries, prom nights, and special occasions in that old mine on Goat Hill. Then it was demolished. And just like that — it was gone. Some places you don’t realize you’ll miss until they’re already gone. 🤠🪨

"Daily coordination meetings, factory representation, and executive oversight made me confident in the project outcome.” That’s how RC Power described working with the Giga Energy team on a recent AI data center project. Together, we delivered a transformer and 4000A switchboard package in 8 weeks under tight constraints, evolving specs, and real schedule pressure. AI infrastructure isn’t just about equipment. It’s about execution. Read the full case study: hubs.la/Q04fDcx80

@mikealfred Has your quant analyzed this trade?

Whew! First month in the driver seat has been a banger! Super proud of the $BGDE team and everything that has been accomplished in our first 30 days! Some notables from the past month for all the Big Digital fans out there as follows: 1. Boots on the ground in PA to assess our sites. 2. Met with all team members and streamlined the staff to make sure everyone is pulling weight. 3. Road show in NYC pitching our vision to the who's who on the Street over multiple days! 4. Multi-days meeting all of the sell side analyst covering AI-HPC infrastructure players. Great guys and we were well received! 5. Currently working to resolve ALL outstanding litigation....we are not in the business of lawsuits! 6. And the one you all want to hear, we are nose to the grindstone prepping this company, it's assets, and future assets to go full blown AI-HPC. There's a lot more going on behind the scenes and in due time we will report our progress. This company is heading in to its next phase and appreciate you all for being along for the journey! Big Digital things ahead!!! @speednotcomfort @codysmith @KyleDanges @krdavis1210 @SludgeLLC @lisa_hough_ @bigdigitalnrg @Mawsoninc

What a great earnings call @strategy had last night. I slept like a baby and woke up ready to bite the ass off a bear. Much thanks to ALL of you.

Strategy announced we may sell #Bitcoin when advantageous to the company. Bitcoin shrugged.

Why is Saylor saying he’s going to sell $BTC? You should see this like Trump / Bessent tweeting about negotiations at strategic times to liquidate oil futures traders. It’s jawboning. You have to start reorienting your entire understanding of $MSTR around $STRC, which will drive the entire bitcoin market within 2-3 years. Buyers of $STRC are (digital) creditors. In exchange for an 11.5% dividend, they are lending capital to management to buy $BTC on behalf of the $MSTR shareholders. Buyers of the $MSTR are debtors. They are taking the capital from $STRC lenders and buying bitcoin with it, betting that $BTC will appreciate more than 11.5% and they come out ahead. But here’s the rub: by committing NEVER to sell $BTC, this leaves only one mechanism for the debtor ($MSTR) to pay the creditor ($STRC), which is to sell $MSTR. Now in theory even selling $MSTR should be accretive, as long as the market values the common stock above a certain mNAV, which, given the performance of $STRC, it SHOULD. But $MSTR doesn’t trade at a fixed exchange rate to $BTC, and, with $STRC driving $BTC up and putting dilution pressure on $MSTR, a short seller can fairly reliably go short $MSTR / long $BTC, artificially driving down mNAV, and suppressing the $MSTR / $BTC exchange rate. This forces management sell $MSTR to cover $STRC dividends even when this results in dilution to $MSTR shareholders. Until recently this has been de minimis compared to the amount of $BTC $STRC is acquiring for the shareholders. BUT As $STRC scales and $MSTR adds another, say 500,000 $BTC, which is achievable in the relatively near term, two things happen: 1) the scale of the dividend obligation grows relative to the market cap is the company, putting downward pressure on $MSTR / $BTC. 2) the forward expectation for $BTC yield diminishes compared to current holdings, also putting downward pressure on $MSTR / $BTC. Now, the net function of the system is still very accretive to the common stock, but less so than if the short pressure artificially driving down $MSTR relative to $BTC could not reliably do so. Saylor is currently giving this trade a free lunch by saying, “we’ll never sell $BTC.” It’s like Trump saying “no Iran deal.” Saylor needs the market to think, at all times, that there “might be, maybe, a very promising deal.” It’s less about Saylor selling $BTC than the market knowing he can and would, if the $MSTR / $BTC ratio were to drop artificially low. In that scenario, he could sell some $BTC to pay $STRC dividends issue new $STRC to buy back $MSTR common stock. This would put direct upward pressure on the $MSTR / $BTC ratio closer to its “natural” market mNAV, squeezing short sellers out of their positions and returning equity capital to common stock shareholders in the process. It’s less important that he does this regularly than that the market believes he can and will do this to defend the mNAV, which makes the “Chanos trade” riskier and less profitable, like Trump’s jawboning liquidates oil futures traders. This is about adding a lever he can pull to raise and deploy capital, even if he rarely or never pulls it.

$MIGI is now 👉 $BGDE

All, we’ve seen the reaction to the mining JV deal we put together and sincerely appreciate all of the good questions and thoughts you have shared with us. Our goal is to always be as transparent as we possibly can with our shareholders and the market. With that thought in mind we would like to add the following notes for some additional context. As follows: 1. Our forward strategy for the Company is unchanged: Big Digital is Long Land, Long Infrastructure. Long Power. We are committed to utilizing every available electron and placing it in service where it serves the Company best. Today that makes us Long AI, Long HPC, and where it makes sense, Long BTC. 2. Today’s Reality: We have available, energized capacity that should not sit idle. The company has been maintaining an older fleet in addition to the Canaan CoLo deal and it made sense to provide a substantial refresh. The 25k S19XP’s that we are bringing in representing 75MW worth of compute were not sitting idle in the private co’s (Endeavor) hands. Endeavor strategically sought out this batch for this transaction. 3. This agreement is about bringing real revenue in the short term while we build toward higher-value workloads. We evaluated the opportunities in the market and determined this specific model would provide the highest upside while providing maximum flexibility should we have the ability to convert to a higher form of compute in the near term on these sites. 4. Deploying S19XPs is the most capital-efficient way to monetize that power today, with no capital outlay and no new liabilities for the Company. Endeavor funded this deal for the benefit of the Company. Based on current mining economics this fleet should provide the Company with $1m+ per month in new cash flow. 5. This is not a pivot away from AI/HPC. Our mandate is simple: allocate each MW to its highest-value use over time. 6. Importantly - this is flexible: The agreement is 12 months with termination rights, and structured so we can redirect power as better opportunities emerge in real time. If we had engaged with one of the OEM’s on a new CoLo deal the property and its power would have been tied up for at least 2 years. We specifically built this deal for the benefit of the Company in the near term with eyes on locking in the pivot to higher level compute. 7. We understand concerns around BTC exposure. This is a near-term cash flow bridge, not the long term play. 8. Bottom line:     •    Now: monetize idle capacity, strengthen cash flow     •    Next: scale into AI/HPC as counterparties and economics mature We are executing both paths in parallel. Thank you to all who stand with us. Big Digital things ahead! $BGDE $MIGI @bigdigitalnrg @Mawsoninc @speednotcomfort @trading_chi @krdavis1210 @lisa_hough_ @SludgeLLC @BTC_Bella69420

$MSTR is currently at $182. ATH was $543. Here's why the math points at the share price being much higher. Strategy currently owns 818,334 $BTC. Take that figure and divide it by 346 million diluted shares. That's 0.00236 $BTC per share. The Power Law says $BTC fair value is $132K today. The model that's been right for 16 years with an R² of 0.961. At $132K $BTC and a 1.5x NAV multiple — conservative for a bull market — $MSTR is worth ~$468 a share. At $200K $BTC, you're looking at $750. Current price: $182. Average analyst target: $373. High target: $705.

@HermesLux @ArynneWexler And frontier airlines

@ArynneWexler Trains and busses.

Spirit shutting down is a disaster for us all Those customers have to go somewhere

Spirit Airlines, 1983-2026

@BTC_Bella69420 lol exactly

@trading_chi ATM 🤣

JPM 🤣

@BullishBucket @ShardiB2 @SignaTrading Same. I don’t know how to get access

@ShardiB2 @SignaTrading I’m a sub and confused how to get access to Signa

@SignaTrading absolutely destroying it Between me and @SignaTrading my sub should be at least $100 a month ABSOLUTELY DESTROYING IT! #teamshardi $17 a month, don't be stupid, click that purple subscribe button and stop screwing around already