There will be no appreciable revenue from this “marquee” AI/compute center purported “deal” for two years, and then it is likely to lose money for years — if it ever breaks even. And it will take at least two decades to reach full fruition. What?!
Then… there is the fact that Anthropic hasn’t even made a public offering yet — and may suffer the same flash crash that SpaceX has, post IPO. And Texas state regulators are finally ending the corporate welfare paid to Riot, as it effectively forces all regular residential Texas electricity customers to subsidize its vast power load/needs.
Go ahead and bet new money on a company that has lost about ~$770 million in the first half of 2026, if you like — it is a five dollar stock, fairly evaluated. But it is trading around $20.60 this mornin’.
H I L A R I O U S.
नमस्ते
Powerline Lies... 