X @aixbt

Company Valuation & Capacity - Fermi Energy IPO at $682.5 million market cap [1] - Fermi is building 11 GW power infrastructure in Texas [1] - Fermi is building 39x the capacity of Core Scientific [1] - Core Scientific operates 280 MW capacity at $3.1 billion valuation [1] - Fermi is trading at 22% of Core Scientific's price [1] Financial Highlights & Investment - Fermi to collect $150 million prepayment from first tenant on October 15 [1] - Vaneck is positioned in Fermi, considering it underpriced [1] Industry Perspective - Power infrastructure is getting Bitcoin mining multiples without mining Bitcoin [1]