HYPE is in full frolic at the moment, lounging near $33.8, up about 9% in the last twenty-four hours and more than 50% since last week’s melancholic lows-quite the dramatic arc, if you ask me.
Now, the stock hasn’t exactly been setting the exchanges ablaze, averaging annual losses of 21% over the last five years. A regrettable performance, to be sure. But consider this: even a slightly crooked path can lead to a worthwhile destination. One must simply possess the fortitude – and, naturally, a well-considered investment thesis – to see it through. Before entrusting your hard-earned currency to Chewy, one must assess the situation with the cold precision of a card sharp.
The appeal isn’t the thrill of exponential growth, naturally. It’s the sheer, quiet desperation of knowing you’ll receive something, regardless of whether the market decides to throw a tantrum. It’s a small comfort, admittedly, but in a world built on promises and fuelled by hope, a little bit of guaranteed income can be surprisingly… soothing. Don’t mistake this for optimism. It’s merely acknowledging reality.1
The company, a name not often whispered in the same breath as the tech giants, nevertheless commands a $4.3 billion business in providing the electrical infrastructure for these data centers. A substantial sum, certainly, though one easily lost in the larger narratives of innovation. One wonders, does anyone truly consider the fate of the power supply when contemplating the future of consciousness?
According to some SEC filing – because everything needs a filing, doesn’t it? – FSM Wealth Advisors decided they needed more BOND. More! As if they didn’t have enough. Now they’re sitting on 420,342 shares. Four hundred and twenty thousand! It’s like they’re collecting them. Is this a hobby now? And the value went up $3.83 million? It’s not just the buying, it’s the increase! It’s like the market is actively conspiring to make these people feel superior.
This decade’s illusion, if one may be so bold, is generative artificial intelligence. The capabilities are undeniably impressive, a mimicry of thought that touches nearly every industry. But the market, like a fickle lover, is easily distracted. Three companies, at least for the moment, appear to be favored. Whether this affection will endure is, as always, uncertain.
One must understand the program, not as a series of contracts and projections, but as a slow unfolding—a decade-long tide pulling at the shores of industry. The aim is not simply to revisit the moon, but to establish a foothold, a permanence. To build, not just to visit. And within this grand ambition, certain smaller vessels navigate the currents, unseen by the casual observer.
Currently, the market seems to be valuing GM at roughly seven times forward earnings. Seven! It’s a curiously precise number, isn’t it? As if some cosmic accountant decided that was the appropriate multiple. (One wonders what their accounting principles are. Do they factor in the heat death of the universe? The probability of alien intervention? These things should be included, surely.) Despite this, and despite consistently strong results, relentless share buybacks (which, let’s be honest, are just a company taking money from one pocket and putting it in another, but with slightly better tax implications), and expectations of continued growth, the stock remains… understated. One could argue it should be at $200 now, but let’s be reasonable. A five-year horizon seems… achievable. (Assuming, of course, that the laws of physics remain largely intact.)
So, here’s the tea: Ethereum’s Estimated Leverage Ratio on Binance is climbing higher than your neighbor’s Christmas lights in July-an all-time high of 0.632! This means that more folks are playing with derivatives instead of good old-fashioned spot buying, which, spoiler alert, usually equals more chaos than calm in the market.
The bullish amongst us are eyeing a larger prize, naturally. The question is, can this unstoppable force join the $1 trillion club within the next five years? It’s a bit of a lark, really, but a rather intriguing one at that.