Bitcoin, silver, options, Ai, $Mara bull, poker OG. America 1st patriot. Master stone mason. Part time shit poster.
Merica
Joined October 2021
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- Followers385
- Likes18.3K
Richard Izinyu retweeted
@mikealfred and team formulating the spin of the massive dilution for X that is about to take place going forward. 🤣
$MARA / Starwood > $IREN
Richard Izinyu retweeted
Strip out the servers/GPUs and BofA Research pegs a data center at ~$11.3M per MW
Now look at how much of that the $MARA ecosystem can already cover in-house 👇
✅ COVERED (~$6.2M/MW, ~55%)
• Networking $4.8M: Upscale AI's SkyFabriX switch silicon + Velaura's AuraLinks fabric. The single biggest line on the chart
• Construction $0.9M: Starwood Digital Ventures leads the build
• Engineering $0.5M: SDV designs it, Exaion could run it
🔄 SOURCED FROM PARTNERS (~$5.1M/MW)
• Generators $1.1M
• UPS $1.1M
• Switchgear $0.8M
• Liquid cooling $0.6M
• Air cooling $0.5M
• Power distribution $0.5M
• Chillers $0.4M
• Cooling towers $0.1M
Years of investments (MARA's stake in Velaura AI and its spin-offs like Upscale AI), patents, products and partnerships have quietly built a stack where ~55% of the cost per MW stays in house on any MARA / SDV build, if they run their own gear over the tenant's picks
🎁 BONUS: Velaura's Titan Core is chip IP that Velaura AI says cuts AI accelerator power 2-4x. If customers opt for it inside their servers, that's more compute per MW on top of the savings above
The vendors on this chart get paid either way. MARA is positioned to keep more of it.
NFA / DYOR
Richard Izinyu retweeted
$MARA just printed $632 MILLION in GAAP Net PROFIT
And the profit isn't even the story 👇
◆ Matagorda, TX: up to 2 GW next to a nuclear plant, 1 GW targeted by Oct 2027, with a $100M Goldman Sachs letter of credit already secured
◆ Long Ridge: $144M annualized Adj. EBITDA and closing in the coming weeks
◆ Hannibal: actively engaged with hyperscalers
◆ Exaion: $79M take-or-pay GPU contract, 87 NVIDIA B300s and a $3B+ pipeline
◆ 2 AI leases targeted before year-end
◆ Borrowed against BTC at ~$64K, sold at ~$81K: ~$170M benefit and loans fully repaid
◆ ~$3.8B in cash + BTC, $1.4B of debt retired YTD and a $500M buyback
~4.8 GW of potential power
Bitcoin built the foundation. Power is the moat. AI is next
Call starts at 5 PM eastern
NFA / DYOR
Join us for our Q3 2026 earnings call on Monday, November 9, at 5:00 p.m. ET.
Webcast details: buff.ly/8rwIDKO
Richard Izinyu retweeted
PSA: $MARA currently has a book value of $6.19 with $BTC trading at $76.3K so the stock is currently trading at a book value of 0.98x
I asked @grok to analyze "Price to Book" ratio utilizing Q2 2026 earnings data and live Bitcoin price
Not only is $MARA undervalued vs the pack, but when you factor in the $694 million that the 35,577 $BTC has increased in value since Q2 then MARA is only at 1.07x Price to Book
$BTDR $CLSK $RIOT $IREN $KEEL $HUT $CIFR $CRWV $NBIS $WULF $CORZ
FERC approval is in for $MARA and the Long Ridge acquisition.
Approved ✅
ER is on monday
I added some more $MARA every day last week again. 2 Ai deals by years end stated many times by @fgthiel and @RobSamuelsIR on the way. 35,500 $BTC HODL, mining 750/month. We're 1 week closer to our long awaited first tenant news. #MARAlife
Richard Izinyu retweeted
The market wiped the AI premium off $MARA.
No signed contract to hold a floor.
So it fell to the only floor it has: its bitcoin.
Market cap: $2.91B
Bitcoin: ~$2.94B
Bitcoin + cash (last reported): ~$3.36B
Sep 22 → Oct 16:
Bitcoin: −4%
MARA: −45%
Here's what the market now prices at $0 to shareholders:
Mining
▪️ 70.3 EH/s fleet
▪️ 2,422 BTC mined last quarter. ~26 a day.
Power: 19 sites, 4 continents, 1.9 GW energized
▪️ Wolf Hollow, TX: 246 MW
▪️ Hannibal, OH: 200 MW operating, path to 600
▪️ Garden City, TX: 132 MW, path to 200
▪️ Hansford, TX: 114 MW on its own wind farm
▪️ Kearney, NE: 100 MW, path to 368
▪️ UAE + Paraguay JVs: 350 MW gross
Pipeline
▪️ Long Ridge: 505 MW gas plant, 1,600+ acres, own gas supply, ~$144M EBITDA, 70%+ contracted. Awaiting FERC.
▪️ Matagorda, TX: up to 2 GW on 1,200+ acres. Pending approvals.
▪️ Starwood JV: ~1 GW near-term IT capacity, path to 2.5 GW.
▪️ MPLX LOI: 400 MW gas-fired power, scalable to 1.5 GW.
AI
▪️ Exaion: 64% of EDF's AI cloud unit. Runs critical infrastructure for EDF's nuclear fleet. Selected for the EU's AION consortium.
What's missing:
▪️ A signed AI lease. CEO: 2 by year-end, "very confident." Signed so far: 0.
Floor: bitcoin.
Everything above it: $0.
@fgthiel, the market has priced everything you've built at $0.
52 trading days left in the year.
@MARA
$MARA has 35,500 bitcoin. At 81,500/coin, that's 2.9 billion in $BTC. Their current market cap is 2.9 billion. Everything else you get for free. 2 Ai deals by years end, stated many times by @fgthiel and @RobSamuelsIR.
MARA Posts $100M Deposit, Reworks Texas Deal Amid Data Center Audit $MARA theenergymag.com/news/2026-0…
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Indeed it should be for the $MARA 1%er's. With 2 Ai tenant announcements coming by years end, $BTC pumping is icing on the cake with our 35,500 HODL... Buckle and Load up!! xitter.gq/RobinSeyr/status/21038…
$MARA 1%er's knowing we're 1 day closer to our first of 2 tenant deals by years end.
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