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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: Smart_Asset who wrote (21458)10/20/2025 1:04:53 PM
From: chowder1 Recommendation

Recommended By
Smart_Asset

  Respond to of 21937
 
I used to own PTSG back when I was trading the disruptors. I'll need to look at them again. I recall APLD being mentioned here in the last week or two and I never followed up. I will now. Thanks for sharing.



To: Smart_Asset who wrote (21458)10/21/2025 6:44:05 PM
From: Smart_Asset  Respond to of 21937
 
OT kinda sorta..

Storage Wars...would be a superior reality show to the existing Storage Wars. Drone shots above massive server farms.

The transition of bitcoin miners to data storage and cloud computing is happening quickly. Not just APLD, but Bitfarms, Hut8, IREN, and who knows how many others. Definitely a response to the massive amount of data created by AI.

Most of these will be continuing to mine bitcoin while providing pre-sold data storage hence their run ups.

In a nutshell, to mine crypto(which I'm doing from my house) successfully a company needs to amass computer power ie servers. Someone in the industry figured out that with all this computing power we can sell storage. And the race was on.

Kind of a rush to legitimacy.