CO CORZ Core Scientific Inc. Loading... : Bullish and Bearish Analyst Opinions

The author states their portfolio mirrors Leopold Aschenbrenner's top long positions, explicitly listing the missing tickers they own, confirming a long directional view on each.

The author criticizes misinterpretations of a 13F filing, noting that delayed data makes current positioning unknown, and lists portfolio changes without expressing a personal directional view.

Named actor Leopold Aschenbrenner holds CORZ at 10.09% as an AI infrastructure/neocloud position.

The tweet analyzes Leopold Aschenbrenner's delayed 13F filing, emphasizing that the put positions and portfolio changes are from March 31 and cannot be interpreted as current market views due to unknown subsequent actions.

Cryptobyrde sarcastically questions the neocloud bullish thesis despite acknowledged compute scarcity, treating Bluezerone's speculative portfolio predictions as contrarian watch items rather than trade ideas.

The tweet highlights CRWV's chronic supply chain and data center execution issues versus CSPs like CORZ, with CEO's "powered-shell" bottleneck contradicting Satya's electricity shortage view, signaling structural weakness.

Discloses personal long positions in a portfolio of crypto mining and AI infrastructure stocks, with CRWV noted as lagging and HUT/IREN leading.

Neos are getting killed after yesterday's CORZ hyperscaler walkaway news, signaling bearish sentiment for the ticker.

Long $CORZ — densification thesis playing out; CORZ just did SECOND 1.5GW site expansion using scalable behind-the-meter solution (a.k.a. Bloom); more GW per site = more rental revenue; deals will be massive.

Core is an aggressive buy but volatile.

Leopold owns around "10% of a company called Core Scientific" and is buying Bitcoin miners because "they own the two critical pieces of infrastructure required for AI buildouts... real estate and power." Building new power infrastructure takes years due to permitting. Bitcoin miners (like Core Scientific) already possess high-capacity power interconnects and grid rights. The play is an arbitrage: repurposing crypto-mining facilities into AI data centers (hosting for CoreWeave) to skip the multi-year regulatory wait times. LONG. A play on "power arbitrage"—buying the rights to electricity access rather than the crypto asset itself. Bitcoin price volatility affecting the stock's beta; execution risk in pivoting infrastructure from mining to HPC (High Performance Computing).

The average cost to mine Bitcoin is currently $80,000, but the price is trading significantly below this level. This price/cost inversion forces inefficient miners out of business. Well-capitalized miners with cash treasuries will acquire distressed assets/competitors (Consolidation), while others pivot to AI/HPC. LONG the consolidators (large, liquid miners) who will survive the shakeout and increase market share. Prolonged period of prices <$80k could drain even healthy treasuries.

"The Bitcoin guys kind of understood the power game a lot better especially like the density side of things... in five or 10 years when this market really matures they're going to be the industry leaders." The market currently discounts these stocks as cyclical crypto miners. However, AI training requires massive energy density—a specific engineering constraint that miners have mastered and traditional data centers struggle with. As miners repurpose capacity for sticky, high-margin AI compute contracts, they will re-rate from "commodity miners" to "critical AI infrastructure," capturing market share from legacy providers. Long Bitcoin miners that are actively pivoting to HPC/AI strategies. Regulatory hurdles on energy usage or failure to execute the technical transition from hashing (SHA-256) to general compute.

"All of these companies breaking into this new form of computers saying hold my beer we don't have time for that... as long as you get there first before everyone else, you're going to have a larger share." Traditional data centers are bogged down by bureaucracy ("writing new rule books"). Bitcoin miners possess the unique combination of existing power infrastructure, risk tolerance, and speed required to capture the initial AI compute market share. LONG. Miners are the "fast" infrastructure play for AI. Regulatory crackdowns on energy usage or a shift in AI compute requirements that miners cannot retrofit for.