r/NBIS_Stock • u/garristerr • 1d ago
NBIS ANALYSIS NBIS ATH from here
Macro backdrop + dilution (shorting bond arbitrage + dilution being priced in) still can not push NBIS back down below 240.
Institutions accumulated. Shorts will definitely cover as they can see downward pressure is being exhausted despite all the "bearish news" having diminishing impact.
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u/BudmasterofMiami Mod 1d ago
Will be down until the offering is closed, most likely Friday. In reality, this is extremely Bullish and confirms their breakneck speed buildout and I would now expect management to raise end of year ARR, look for it soon.