Been posting about this one all week, many still sleeping on this one - super high SI, tiny float, hot sector, tangible catalyst.
They are announcing a tier 1 tenant for their 41.5MW data center by June 30th. Think the likes of Anthropic, OpenAI, Meta, Oracle, IBM, etc. They’ve received multiple unsolicited bids (at a large premium to what they paid) for said data center.
At a 1.5-2.5 per MW per year rate, they TRIPLE or QUADRUPLE current revs. Shorts are deeply underwater, the longer we hold these levels the more pressure for covering/margin calls. With such a low float and high SI, this can go parabolic quick. Once the tenant is announced, the squeeze is nearly guaranteed
