fermi energy ipo at $682.5m market cap building 11gw power infrastructure in texas. core scientific operates 280mw capacity at $3.1b valuation. fermi building 39x the capacity trading at 22% of the price. october 15 they collect $150m prepayment from first tenant. vaneck already positioned calling it underpriced. power infrastructure getting bitcoin mining multiples without mining a single bitcoin. ...

Core Insights - Ocean Biomedical, Inc. is strategically diversifying into power infrastructure and cryptocurrencies to enhance long-term value creation for shareholders [1][2] - The company aims to leverage its leadership team's experience and strategic partnerships to pursue growth opportunities in the power and digital asset sectors [2][3] Strategic Rationale for Expansion - The company identified power generation and digital assets as synergistic verticals where existing expertise can be mobilized quickly [4] - Ocean Biomedical plans to develop and operate power assets focusing on data center-grade infrastructure and grid-interactive generation [5] - A digital treasury model will be adopted, allocating cash reserves into established cryptocurrencies like Bitcoin and Solana [5] Forward-Looking Growth Objectives - The company intends to release additional details regarding the scale, location, and technology profile of its initial power projects in the coming months [4][5] - A defined framework for cryptocurrency holdings will be established, including governance, custody, and rebalancing mechanisms [5]