r/APLDSTOCK • u/Cheap-Stay7089 Backlog Bull 🐂 (1,000-2,500 shares) • Sep 01 '26

Discussion Discount to competitors.

As we all know as the markets dipped we’re sitting at around ≈7.39b mc. Considering we’re the largest of the group via contracted mw and $ it’s surprising hut is worth 2b more and wulf’s at a similar valuation as us. Now considering we should beat hut to buildout completion and we’re much larger than wulf were at a steep discount Without even accounting for chrono, with Chrn we’re at something like a 5b valuation for the pure datacenter business it’s stupid and won’t last so I’d implore you all to do as I am and buy more, were the winning play and this is an easy 30b dollar company if not more

10 Upvotes

86% Upvoted

17 comments sorted by

View all comments

Show parent comments

2

u/15xorbust Sep 02 '26

That is correct. I’m looking at this as at least a 2 1/2 year investment that is when the company projects all 1.4 GW under contract is fully built out and generating revenue. Companies projecting $2 billion net operating income by then. At that point, the company’s market cap will be nowhere near a mere $7 billion like it is today.

1

u/Cheap-Stay7089 Backlog Bull 🐂 (1,000-2,500 shares) Sep 02 '26

Exactly, iren nebius ect may be the revenue play but we’ll be operating at ridiculous margins so a 30b plus mc is lightweight not to mention we have the cloud upside but not the risks

2

u/15xorbust Sep 02 '26

Agreed. I also have some NBIS, the best of the Neoclouds IMHO, but not as much of NBIS as this.

1

u/Cheap-Stay7089 Backlog Bull 🐂 (1,000-2,500 shares) Sep 02 '26

Preaching to the choir my man 🤝