After a big pull back, I like to step back and make sure I own the best, and rotate from weaker to stronger positions. My biggest concern is the neocloud right now esp with the
$CRWV scare. Coreweave borrows through traditional bonds (return cash principle) with $2.6B/year net interest. Coreweave still dilutes.
The other neodc, use capped convertibles.
$IREN has the highest dilution, 2x than its next competitor (and not putting money to good use).
$NBIS is the only company that:
> Dilutes as low as Corewaeve and other competitors
> Reasonable finance interest cost
> Retained earnings from valuation increase in their subsidaries.
> It's the only company that has retained earnings (net profit that retained for reinvestment) while all others have negative retained earnings (or cumulative net loss).