$CIFR

Does he own it?

In his Feb 21 YTD recap he explicitly says he margined into NBIS and CIFR on the selloff near $11 — a first-person buy statement. But CIFR is paired with NBIS and never listed among his named core longs (NBIS, photonics/memory, Asian equities), and he gives no percent weight for it. Buy claim supports ownership; lack of sizing/reiteration keeps it short of confirmed.

His thesis

CIFR is favored as an asymmetric Neocloud/colo play, with its colocation model serving Amazon and Google via Fluidstack seen as more attractive than diluting peers like IREN. It also benefits from energy/power buildout themes (secured GW capacity) and potential AI datacenter leasing tailwinds (e.g., Anthropic). He repeatedly contrasts it favorably within a Neocloud basket but treats NBIS as the premier pick.

How his view evolved

Early mentions are thematic (energy/GW capacity). In late Feb he claims buying CIFR on the dip. By spring it appears mainly as a basket comparison vs IREN/NBIS and a beneficiary of colo/Anthropic tailwinds, with NBIS clearly his top conviction.

Key points

• Stated buying CIFR on a selloff near $11 via portfolio margin
• Likes its colo model for AMZN/GOOGL via Fluidstack as more asymmetric than IREN
• Framed within a Neocloud basket; NBIS is his clear top pick, not CIFR

Derived from a holistic read of his public posts — paraphrased, never quoted. See his actual posts about $CIFR on X ↗