$NBIS vs $IREN: people are still beefing, and considering how the executives of both companies interact, it's going from a waste of time to actually stupid. Just today, under Daniel Roberts' LinkedIn post on how IREN funds its GPUs, Nebius' VP of Sales commented "don't give away all the secrets" (with two rockets lol). When I interviewed @romanchernin, it dawned on me that the companies themselves can't understand why their retail investors are fighting, when they would rather build relationships. $IREN investors always pointed out that Nebius doesn't have the power. $NBIS investors always said "but we can get it, and the team matters more." That difference in assets and skills is exactly what makes a collaboration so win win. $IREN has land and grid access. $NBIS, I believe, has the skills to build faster and increase the $ / MW that can be made out of it with a world-class cloud offering. 1 + 1 = 3. It's not a zero sum game. When you start a company, you do NOT want two CTOs or two CEOs as co-founders. You want aligned values and goals but DIFFERENT assets. Partnership or even M&A, I don't think anything is off the table. My view that $NBIS is the better investment is unchanged, but the more time passes, the more convinced I am that these two will end up working together. Maybe they already are behind the scenes. The setup makes too much sense and now the behaviour of the people involved also suggests interest on a human level.