Dec. 13 at 3:17 PM
$GLXY just patiently waiting for that Citizens
$60 PT..
$25 for digital assets
$35 for data center.
If that's only for the first 800MW then at the full 3.5GW it could be re-rated to almost
$100 a share for their data center business, napkin math below. If crypto continues to be bullish then their digital assets would rerate from
$25 ..
800MW /
$35 a share is
$22.58 per MW.
3.5GW / 800MW is 4.375
22.58 x 4.375 = ~100 a share
I mean if they get another 800MW approved, then we are looking at double to
$70 for their data center business alone. If all else fails, at least they already have 800MW secured and ready to collect rent starting next year.