On the delay, the CEO of DataOne (builders (& owners??)) made a post on LinkedIn that has since been removed.
You can find a screen capture here:
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On the ‘doubts’ I mentioned, let me point you to some of my signals:
Here is a short report on CRWV:
https://www.kerrisdalecap.com/wp-content/uploads/2025/09/Kerrisdale-CoreWeave.pdf
I found that this was a very good primer for understanding the different economic layers involved in the AI cloud business - and it also convinced me that NBIS is in a better place than CRWV.
There has been some open questions raised on Twitter about the economics of the deal e.g. here:
Also, another service that I subscribe to that specializes in Tech stocks had bought NBIS on their run up, but pushed out some analysis a few days later that dug into the economics for NBIS in particular and dumped the position. “We will not be returning to this stock in the future” - which was unusually absolute for her.
Incidentally, if folk are interested in this space, I have been researching IREN in particular and have found a load of analysis on Twitter……and some of it is pretty good.
Hope this helps folk
Cham
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