The author argues neo-cloud companies CRWV, NBIS, and IREN will go bust due to a sketchy business model.
CRWV — SHORT The author argues that neo-cloud companies like CoreWeave (CRWV) have a super sketchy business model that only exists so that big tech companies can manipulate balance sheets. Therefore CRWV is expected to go bust at some point. No time horizon is stated.
The neoclouds like CRWV NBIS IREN are all going to go bust at some point. Just a super sketchy business model that only exists so that big tech companies can manipulate balance sheets
NBIS — SHORT The author argues that neo-cloud companies like Nebius Group (NBIS) have a super sketchy business model that only exists so that big tech companies can manipulate balance sheets. Therefore NBIS is expected to go bust at some point. No time horizon is stated.
The neoclouds like CRWV NBIS IREN are all going to go bust at some point. Just a super sketchy business model that only exists so that big tech companies can manipulate balance sheets
IREN — SHORT The author argues that neo-cloud companies like Iris Energy (IREN) have a super sketchy business model that only exists so that big tech companies can manipulate balance sheets. Therefore IREN is expected to go bust at some point. No time horizon is stated.
The neoclouds like CRWV NBIS IREN are all going to go bust at some point. Just a super sketchy business model that only exists so that big tech companies can manipulate balance sheets
This Reddit post, published January 12, 2026, features u/CriticalBlackberry90 discussing CRWV, NBIS, IREN. 3 trade ideas extracted by AI with direction and confidence scoring.
Speakers: u/CriticalBlackberry90 · Tickers: CRWV, NBIS, IREN