Rich Peter
Investor, Crypto, US Stocks & High-Dividend ETFs
MARA's accelerating shift into AI infrastructure, plus upside from a bitcoin recovery, makes it attractive. Its $1.5 billion Long Ridge Energy & Power deal adds a 505 MW gas plant in Ohio, lifting power capacity 65% toward a 1GW+ AI campus. The Starwood venture targets 1 GW of IT capacity near term and over 2.5 GW long term, with tenant talks accelerating. Q1 revenue fell 18% on bitcoin prices; MARA sold $1.5 billion of bitcoin to cut debt and fund AI, still holding 50,000+ BTC. x.com
MARA offers a midline bottom-fishing opportunity for high-risk investors as it turns from a pure Bitcoin miner into a power-focused AI infrastructure platform. It is developing up to 1.9 GW of AI/HPC data centers with Starwood and bought Exaion. Selling 15,133 BTC for $1.1B to repurchase about $1B of converts cut debt roughly 30%. Analyst targets imply 35–58% upside and price-to-book is near historical lows; a BTC rebound or major AI leases could drive outsized gains. x.com
MARA's sale of 15.1k BTC, about $1.1B, is balance-sheet discipline, not capitulation. It used the proceeds to retire $1B of convertible notes at a 9% discount, cutting debt from $3.3B to $2.3B and reducing future dilution risk. MARA is also converting US mining sites into hyperscale AI infrastructure through a joint venture with Starwood Digital Ventures, a real hedge since mining is cyclical but AI demand is structural. Its bitcoin treasury remains intact. x.com x.com
Power scarcity and specialized technology could help these six under-$30 stocks create generational wealth over the next decade. MARA is buying a gas plant; IREN has over 5 GW secured for AI growth. Oklo aims to turn spent fuel into reactor supply, while Nano Nuclear's portable microreactors could reach remote sites if they work. Rigetti builds quantum chips in-house and has a $100 million Commerce Department letter of intent. Navitas makes chips that reduce power waste in AI data centers. x.com … Show more
MARA is finally selling its bitcoin reserves, which is the right move, but still needs to leave bitcoin mining, a failing business model. Per Lookonchain, MARA sold 23,093 BTC in the first half of 2026 and still holds 35,577. With the hashprice index at all-time lows, this is one of the most inefficient periods to mine in history. Using sale proceeds to pivot to AI/HPC could make MARA a really good opportunity in the coming weeks and months, if management has finally woken up. x.com
Contracted AI compute demand makes four AI infrastructure stocks worth buying at 52-week lows. Applied Digital has a $36B backlog and expects 600+ MW online within 12 months; Cipher Mining has $8.5B+ in AI leases with payments ramping; CleanSpark has a 20-year $6.6B lease and 1.8+ GW power portfolio; CoreWeave has a $104B backlog and raised its year-end ARR target to $18.5-19.5B. x.com x.com
MARA is a better buy now as an AI company than as a bitcoin company, and retiring its convertible notes was smart because it also removed the hedged shorts tied to them. The stock is up 35% since @qthomp called a death spiral imminent after MARA sold over $1B of bitcoin near $72,000. Miners have been unwinding bitcoin as a balance-sheet asset for over two years; public miners sold 60k BTC in 2022. x.com
MARA's management is clearly clueless, having sold 25% of its bitcoin after a 25–30% drop while sitting years behind peers in the AI data-center transition. The company could be really undervalued if management got it together, but there are much better places for capital unless it cleans house or sells to an operator that can manage the assets better. A renewed bitcoin rally could warrant another look. x.com x.com x.com
Financing announcements point to more accelerator demand, supporting semiconductors. About $200bn in announced Meta, Anthropic/Broadcom and SpaceX/Nvidia financing likely drives $400bn in XPU purchases. Data centers burn cash until lit, then cash flow 20-40% annually; AI spend rising from 0.1% to 0.5-1% of current payroll could balance the buildout if agents replace roles. Sustainable token demand is the bet, but smaller local models are the bigger risk, though not an immediate concern. x.com … Show more
Core Scientific's second 1.5 GW site expansion shows densification is happening across bitcoin miners turned AI hosts, and more gigawatts per site means more rental revenue. Core Scientific is using a scalable behind-the-meter power solution, apparently Bloom fuel cells, to add capacity at existing sites. Once leasing deals for this capacity are announced at Core Scientific, IREN, Applied Digital, Cipher, TeraWulf and Riot, they should be massive. x.com
MARA lacks vision because CEO Fred Thiel keeps bouncing between strategies, from bitcoin treasury company to AI data-center play. Per @Tsuff101, he opposed the AI pivot and bought tens of thousands of bitcoin during the treasury hype, only for MARA to later sell 20K BTC around $60K, and now sounds more bullish on AI infrastructure than mining. He is late to the space, and his turning bullish is if anything a contrarian signal. x.com
IREN's AI data-center expansion needs enormous capital, making financing needs and execution delays material risks. Bitcoin exposure adds another source of uncertainty despite the size of the AI opportunity; the stock looks tempting but is not one to buy here. x.com
