May. 5 at 9:48 PM
$IREN dropped a
$625M Mirantis deal — this is a real shift, not just a headline.
Moving from pure
$NVDA GPU rental into full cloud stack + orchestration. That changes the model from “capacity seller” to “platform builder.”
Less dependent on
$MSFT /
$GOOGL / META demand cycles, more exposure to enterprise + AI startups.
Yes, dilution via
$6B ATM is real, but if this lifts margins + recurring software revenue, it’s strategic dilution.
Neo-cloud race just got more serious.
Follow me 👉@ChipDistribution7 for real-time updates and everything. Let’s make moves!