New Era Energy & Digital is attractive under $400 million because it is a future multi-billion-dollar power developer. Its chart closely tracks IREN's April 2025 pattern, though technical analysis is not absolute. x.com 

New Era Energy & Digital is lining up power and permits for a 1.4GW AI campus, Texas Critical Data Centers, on 493 acres in Ector County. It signed a 20-year deal to buy up to 207MW from Vistra's Odessa gas plant, with power expected in Q3 2027, and Vistra gets a 5% non-voting stake in the part it powers. Construction permits are in hand, but the data center business is pre-revenue, making it the highest-risk name on the list. x.com 

New Era Energy & Digital's roughly $450M market cap makes little sense against about $1M of revenue. x.com 

A power purchase agreement now in hand and helium worth more than two years ago make New Era Energy & Digital very convex here. x.com 

New Era Energy & Digital is a high-conviction power-first infrastructure bet: its Texas Critical Data Center pairs ERCOT grid access with on-site gas generation to skip multi-year interconnection queues. The 438-acre Permian Basin campus targets 1 gigawatt. A $290M Macquarie financing funds the initial phases and retired costly SharonAI debt, while partners Stream Data Centers and Energy Dome cut execution risk. Next catalysts: building the first 200MW phase and signing an anchor tenant lease. … Show more

New Era Energy and Digital looks expensive against its sales. It trades at 28x sales while software companies usually get 20x; at 20x next year's sales, give or take 12%, fair value is $3.07 to $3.91, so the $5.03 price is 28% over the top of fair. This is a valuation-levels view only, without fundamental work. x.com 

New Era Energy & Digital is an early-stage AI data-center infrastructure play built around its TCDC campus in Texas. It is the highest-risk holding in the portfolio and sized accordingly. x.com