By skyforbes 
Let’s begin by addressing the real bottleneck in AI growth: power. The more access to immediate power you have now, the more big tech are willing to pay. What data center companies have isn’t special, any big tech company can build a data center, but they need it NOW and in near future and these projects take years (to secure power from Utility company, to then build transformers/substations, and then construction of actual building + deployment of liquid cooling and GPUs). RIOT’s latest estimate for when they can get new power from Utility company is from 36 months – 48 months depending on the area in the US. If you have power already contracted, you are in a perfect position to take advantage of AI demand.
What does CORZ have? They have 1.3GW in power active, and a 1GW pipeline. 700MW of these form a critical load of 590MW which they’ve leased out to CRWV for $10.9B over 12 years. Their margins on this colocation deal are 80%. They will have this power ready by H2 2026. This means starting next year, they will generate $908M in revenue annually, and $720M in annual profit in 2027+. This is only for the 590MW of critical load to CRWV. They have 90MW of critical load to also lease out (active) for AI, and another 400MW dedicated to BTC (if they’re smart they say scratch that let’s also use it for AI). What they also have is a 1GW pipeline to expand into.
At $20.4 the company is 6.4B market cap. Super undervalued.
Only issue: this hanging acquisition from CRWV. The board meeting for when shareholders vote FOR or AGAINST this is TOMORROW: October 30, 2025 at 10AM ET. The deal basically says for every CORZ share you get 0.1235 CRWV shares in an all equity stock deal. The issue is as of October 29, the deal is at a negative spread of 22%. CRWV price is $135. CORZ price is $20.5. Means if shareholders vote yes tomorrow, they lose 22% of their money then and there. Hence, they’re pricing in a NO vote. The biggest active shareholder Two Seas Capital, has urged investors to vote AGAINST this deal. Situational awareness which owns almost 10% of the company has kept increasing their stake of the company from about 3% to 10%, over the last 2 months. CORZ position is now 35% of their total portfolio. I don’t think they kept increasing their position to lose 22% tomorrow, hence the NO vote.
After this deal is done, I expect the two companies prices to no longer fluctuate together, and I expect a massive rally in CORZ.
Position posted. Best of luck.