@novogratz @cferraro06 this is who you are up against if you were wondering and why this didn't exactly do the trick quite yet.
OG 2 year put spread roller in standard size below at $14-14.5 in green for your $14.5 lid right at the open this morning 11.6 to the decimal. Uncanny
Dear options chain and shady gators in the $glxy plumbing - this just came in the mail from @novogratz and @cferraro06
Hey @danroberts0101 , congrats on the Q.
What is a "customer-requested design change and supplier timing moved it from year-end; it may extend to the end of February.”?
Thanks for taking my question. $IREN $GLXY #ChangeOrders #Delays #CostOverRuns #ShitTheBudget
$IREN Q1’27 EARNINGS HIGHLIGHTS
🔹 Revenue: $228M (Est. $221M) 🟢; -5% YoY
Segment Net Revenue:
🔹 AI Cloud: $200M
🔹 Bitcoin Mining: 28
Announcements:
🔹 ARR Target: More than $4B fully contracted and funded; targeted for January 2027
🔹 Five-Year Contract: ~$22M per IT-MW; 90% of GPU capex prepaid
🔹 Short-Term Contract: $40M per IT-MW
Other Q1 Metrics:
🔹 AI Cloud Segment Gross Margin: 86%
🔹 Adjusted EBITDA: 66
🔹 Net Income (Loss): (263)
Key Updates:
🔹 Unrealized Loss on Financial Instruments: (28)
🔹 Revenue Backlog: $20.3B; approximately two-thirds investment-grade
🔹 FY27 Capex: $15B remaining planned
Comments:
🔸 Daniel Roberts, Co-Founder and Co-CEO: “The more than $4 billion of contracted ARR is funded and now targeted for January, after a customer-requested design change and supplier timing moved it from year-end; it may extend to the end of February.”
🔸 Daniel Roberts, Co-Founder and Co-CEO: “Since quarter-end we have signed a five-year contract at about $22 million per megawatt with 90% of the GPU capex prepaid by the customer, and a short-term contract at $40 million per megawatt.”
TraderJoe retweeted
The type of Bear Engulfing candle you'll mostly just see in Technical Analysis 101 text books .... 😃
$VIX surging over 50% in a single day has historically indicated major washout bottoms. Like the last one we saw in late March 2026 for a recent example. Remains to be seen.
Note that after a multi-week bounce phase in the $NYSE (New York Stocks Exchange composite), it's starting to look more and more like a Bear Flag/Bearish Wedge. Downside pressure likely in this index out of this pattern
$glxy officially welcomes @aleabitoreddit to come hang out whenever he/she would like. Let’s get they some $glxy merch!
(Logging off for the day and I owe myself and y’all at least 20 pushups)
$GLXY CEO after pushing back on Texas political uncertainty:
"I see a massive disconnect between where Galaxy trades and what I believe this company is worth.
That’s why I’m buying more stock, starting today."
Good vote of confidence to see colo executives calling out fundamental disconnects amid sector liquidations.
Then putting their own capital behind their statement.
TraderJoe retweeted
$GLXY CEO after pushing back on Texas political uncertainty:
"I see a massive disconnect between where Galaxy trades and what I believe this company is worth.
That’s why I’m buying more stock, starting today."
Good vote of confidence to see colo executives calling out fundamental disconnects amid sector liquidations.
Then putting their own capital behind their statement.
The blue wave has weighed on companies like ours. I get it. But let’s not confuse politics with long-term fundamentals.
Finance is moving onchain and demand for AI is exploding. These are generational shifts that will play out across administrations and market cycles.
We’ve spent years building Galaxy to win in both. That includes Texas, where we delivered Helios Phase I on schedule and 800 MW is already leased under long-term contract. We’ve worked with legislators and local communities there for years, and we’ll keep doing that with the new administration. We share the same goals: reliable power, protected water and strong communities.
I see a massive disconnect between where $GLXY trades and what I believe this company is worth. That’s why I’m buying more stock, starting today.
I’m betting on us, big time.
$NODE CEO @matthew_sigel selling $GLXY shares #AmericastandsagainstfoundercontrolledUpCcorpswhereinsiderspocket85%percentofcertaintaxsavingsthatwouldotherwiseaccruetothecompanycreatingconflictsofinterestbetweenmanagementandthepublicshareholdersfundingitsgrowth🇺🇸
3 days ago 11/2 $glxy $16.5-17 when I tweeted the quote below... We slide as mentioned under $13 to $11.88 where the only savior was @novogratz himself tweeting he's buying, cnbc mention, while slamming the bid at $11.88 and $12.5. Immediately $6-13 & $17.5-18 puts closed???
$glxy someone always knows something @novogratz @cferraro06 make a statement and defend the paper via buyback or the $13 puts in monster megladdon size here suck this to $13 and below and I question our ability to incentivize $glxy employees to stay when their $glxy equity is red
TraderJoe retweeted
The blue wave has weighed on companies like ours. I get it. But let’s not confuse politics with long-term fundamentals.
Finance is moving onchain and demand for AI is exploding. These are generational shifts that will play out across administrations and market cycles.
We’ve spent years building Galaxy to win in both. That includes Texas, where we delivered Helios Phase I on schedule and 800 MW is already leased under long-term contract. We’ve worked with legislators and local communities there for years, and we’ll keep doing that with the new administration. We share the same goals: reliable power, protected water and strong communities.
I see a massive disconnect between where $GLXY trades and what I believe this company is worth. That’s why I’m buying more stock, starting today.
I’m betting on us, big time.
$glxy teapawt.org/novogratz/status/21184… I’d like to personally thank you and I accept this as that statement made per the below.
Dear tape, meet the crazy MF slamming the bid at 11.8 and 12.5. It’s our Founder & CEO Michael Edward Novogratz! Walleye Capital involved on most tsx names fyi
$glxy someone always knows something @novogratz @cferraro06 make a statement and defend the paper via buyback or the $13 puts in monster megladdon size here suck this to $13 and below and I question our ability to incentivize $glxy employees to stay when their $glxy equity is red
$glxy Forgot to tag you above
@novogratz - Will be ironic to have @novogratz
meet the wicked opex chain and gnarly manipulative plumbing himself in the trenches. Walleye Capital announced they have a right to win in their quant and volatility fund strats - the battle continues...
TraderJoe retweeted
Galaxy is committed to Texas and to responsible data center development.
Our campuses are designed with closed-loop cooling that recycles water and keeps consumption low, and we have consistently supported clear standards on grid reliability, water use and community impact.
We take seriously our role as stewards of Texas’s natural resources and communities. In Dickens County, home to our Helios campus, Galaxy is the largest employer and taxpayer, and has invested millions to bring the first new residential housing development to the county in generations. We hire from the region and work with Texas Tech and local school districts to build the next generation of Texas talent.
We will continue to build.
The blue wave has weighed on companies like ours. I get it. But let’s not confuse politics with long-term fundamentals.
Finance is moving onchain and demand for AI is exploding. These are generational shifts that will play out across administrations and market cycles.
We’ve spent years building Galaxy to win in both. That includes Texas, where we delivered Helios Phase I on schedule and 800 MW is already leased under long-term contract. We’ve worked with legislators and local communities there for years, and we’ll keep doing that with the new administration. We share the same goals: reliable power, protected water and strong communities.
I see a massive disconnect between where $GLXY trades and what I believe this company is worth. That’s why I’m buying more stock, starting today.
I’m betting on us, big time.
TraderJoe retweeted
The governor-elect of Texas, Gina Hinojosa, has explicitly said that all currently permitted datacenters in Texas will be allowed to finish construction. This essentially covers all of the 2027 and likely well into 2028.
She is going to pass laws that ensure that all *newly* permitted datacenters going forward for delivery in 2028/2029 will pay taxes, commit to no increase in power prices for consumers, don’t impact water availability for people, be constructed with union labor and give “Texans a seat at the table.”
Sounds reasonable. She doesn’t want to lose a lot of good blue collar jobs and property taxes for small towns in rural Texas.
Datacenter commentary starts at 6:30 in this interview.
Also attaching her official campaign position from her website in the next post.
Sidenote: After watching a bunch of her speeches and interviews, I do think she is a political talent and probably has a future in national politics.
youtu.be/D-T6H3b8ZeE?is=mEWu…
