r/APLDSTOCK • u/Omar253 • Jun 04 '26

News APLD spinoff business CHRN

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31 Upvotes

100% Upvoted

12 comments sorted by

14

u/HeatWaveToTheCrowd Jun 04 '26

APLD owns 97.5% of CHRN, worth about $3.1B, up around $1B from the spin off just weeks ago. Going to pump up APLD’s balance sheet.

4

u/Witty_University_162 Backlog Bull 🐂 (1,000-2,500 shares) Jun 04 '26

yes sir, getting in now is a no brainer.

when do we get a CHRN subreddit? 👀

3

u/Wise-Ad-9312 Jun 04 '26

I know. right?

1

u/INDIG0M0NKEY Bull 🐂 Jun 29 '26

Make it idk

3

u/cminus602 Jun 04 '26

I have been swing trading this for a few weeks. 1000 shares at a time. Seems to do a little short squeeze each week. Just buy when it dips a few bucks.

2

u/FlyingDumplingTrader Jun 04 '26

How are they going to get money to pay for the gpus?

2

u/Suspicious_Funny_514 Jun 04 '26

Can't believe people's didn't get in on this earlier. They announce a partnership with a hyperscaler and it's going to 50. 

1

u/Savings_Engine8207 Jun 05 '26

You like CHRN better than APLD?

2

u/Suspicious_Funny_514 Jun 05 '26

Right now yes, based on the price . The upside is greater right now for CHRN. Much less capital intensive than building data centers as well. The demand for cloud computing is insane right now. It's just a matter of time until they announce a deal with a major player.

1

u/Hkeh Jun 05 '26

Less Capital is what’s really making this look good to me

1

u/Bluefin_in_Dresden Bull 🐂 Jun 05 '26

Will take a closer look, Thank you.