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$682.5 million. That’s how much data-center real estate trust Fermi just raised in its U.S. IPO. The company sold 32.5 million shares at $21 each. That’s right near the top of its marketed range of $18–$22… … and it puts Fermi’s valuation at $12.46 billion. Founded in January this year, Fermi builds large-scale AI-focused power and data center infrastructure. Its flagship project is a massive AI data center campus in Texas that will pull power from nuclear, natural gas, and solar. The goal is to provide energy to hyperscaler clients like Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), and Alphabet (NASDAQ: GOOGL). Shares are set to begin trading today on the NASDAQ… And tomorrow on the London Stock Exchange under the ticker FRMI. Investor appetite for AI data center names has been red hot all year. CoreWeave (NASDAQ: CRWV) and WhiteFiber (NASDAQ: WFYI) are both trading well above their IPO prices. Let’s see if Fermi keeps the streak alive. Ian Wyatt *** Featured Research *** BlackRock launched a tokenized money market fund in 2024. And the fund’s assets have surged to $1.7 billion. Here’s the crazy thing… The fund is being run on a little-known blockchain technology. And it’s creating huge demand for these 5 hidden cryptocurrencies. Palantir Founder #1 Crypto Project The Wall Street Journal says Peter Thiel is jumping into THIS cryptocurrency right now. Here’s why it could be bigger than PayPal or Palantir. Trump: Bitcoin Will Skyrocket Past $1 Million He says Q4 of 2025 is going to be “unbelievable” for bitcoin and the crypto industry for a host of reasons. One of these reasons could be the passing of the GENIUS Act. That’s because it’s the first law EVER that legalizes a new group of cryptocurrencies. © Wyatt Investment Research. All rights reserved. Wyatt Investment Research is not a broker dealer of financial advisor. This content is for informational purposes. Nothing in this email should be considered investment advice. Every investment has risk and you could lose your investment. You can review terms of use and disclosures by clicking here. You are subscribed with the following email address: penunggangbadai.moneyblog@blogger.com We love hearing from subscribers. Please reply to this email with any feedback or suggestions. Contact abuse@wyattresearchnewsletters.com to report any issues or concerns. For questions regarding your account please call 866-447-8625. Wyatt Investment Research LLC |
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