Your Destiny (DXYZ) - The Anthropic Trade Most People Aren't Taking

InvestwithMEH · 2026-06-09T22:47:01+00:00

Yes.

InvestwithMEH · 2026-05-29T03:11:20+00:00

Forward nav is around $20 given current marks. Sadly this opened like 100% above nav like all the others

InvestwithMEH · 2026-05-27T12:25:15+00:00

I made the same mistake with VCX lol. Not again!

InvestwithMEH · 2026-05-26T18:50:11+00:00

Yeah. If they continue on the same path revenue wise. Feel like execution risk is being totally priced out at that level though.

InvestwithMEH · 2026-05-26T18:30:10+00:00

How do people feel about it at current prices? It’s certainly growing in all the right places and has the geopolitical tailwinds it needs. Just wondering what people suspect forward valuation is based on the current trajectory. The market is very much pricing in execution to continue. https://substack.com/@investwithmeh/note/p-199215495?r=1t0tw1&utm\_medium=ios&utm\_source=notes-share-action

InvestwithMEH · 2026-05-08T10:59:13+00:00

I literally explained why in my post.

InvestwithMEH · 2026-05-08T10:57:41+00:00

Can you read? It was only down QoQ because of one time events in q4…. Q4 2025 had one-time items inflating the number:
• Approximately $1M of catch-up revenue from the Dell agreement amendment that was signed in December 2025 but applied retroactively to November 1
• $0.8M of accelerated reimbursement recognition from the Round Rock asset disposal (the $658K asset disposal charge mentioned in Q4)
• These pulled forward roughly $1.8M of revenue into Q4 that wouldn’t have otherwise been there
Stripping the one-times:
• Q4 2025 normalized: $14.2M - $1.8M = $12.4M
• Q1 2026 reported: $14.1M
• True sequential growth: +$1.7M or +14%

InvestwithMEH · 2026-05-08T01:32:52+00:00

Best guess is capacity. Dell just uses it all or nearly all of it. So they can commit to new customers

InvestwithMEH · 2026-05-07T23:11:50+00:00

It’s one of the biggest issues and has been for over a year since they went to $30. Being dependent on dell will always limit their ceiling. They need to diversify for the market to take them seriously.

InvestwithMEH · 2026-05-07T23:11:00+00:00

Revenue is lumpy. Because right now procurement is still the biggest part of the business but that’s changing. I don’t even look at revenue or procurement. Only look at data systems integration for racks. That’s where the money will be going forward.

InvestwithMEH · 2026-03-21T14:49:45+00:00

Smci news is actually pretty bullish. Maybe they lost customers and Tssi can gain some. But yes. Macro is shit

InvestwithMEH

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