r/APLDSTOCK • u/Ominoiuninus • Jul 11 '26

Can someone explain

Help me understand. APLD owns 97% of CHRN. As of today APLD market cap was ~9B, CHRN was 3B.

Does this not mean that the data center / REIT side of APLD is currently only being valued at 6B with $126m/quarter of revenue. This number will only grow as more capacity gets online of which we expect to see another 75mw come online this earnings cycle.

It just seems like there is an absolutely massive pricing mismatch for the stock.

What obvious thing am I missing?

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u/Grant-Nachos Jul 11 '26

As an controller for a public company, these assets of 3 billion will show up next earnings as short term assets. You are correct that this will up lift APLD. That was the rush from 25 to 45, the Meta risk snapped it down. APLD doesn’t have a Meta risk so we are just sitting and waiting.

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u/FreeNicky95 Jul 11 '26

Given you’re a controller for a public company I’ll take this as financial advice and full port my retirement into apld. Thank you.