Extremely bullish on $NBIS.

Synergy Research estimates neocloud revenue at $400 billion by 2031.

Even if we assume $NBIS market share will be only around 15%, we are looking at ~$60 billion revenue in 2031.

This is consistent with their 5 GW capacity target by 2030.

The whole company is valued at $28 billion today.

Long $NBIS.