CoreWeave is making another big move.
This Robinhood-tokenized $CRWV has rebounded more than 26% within a week—momentum is quite strong. The logic behind it is solid:
Q2 revenue more than doubled to $257 million; outstanding orders piled up to $104.2 billion, not to mention the additional $25 billion new deal added in Q3; and A100 contracts have been pushed out to 2029. On top of that, Black Gold / Vera Rubin GPU quotes have hit record highs—having compute power means having pricing power.
At present, the tokenized share price is around $82.53, with $36.26 traded over the past 24 hours. The float isn’t large, but with CoreWeave’s real-business expansion pace behind it, there’s plenty of room for imagination ahead.
For compute infrastructure, the logic has been unchanged this year: whoever has the GPUs, whoever has long-term contracts, can capture the spillover benefits from AI training demand. This wave of $CRWV is more about the market repricing the fundamentals.
This Robinhood-tokenized $CRWV has rebounded more than 26% within a week—momentum is quite strong. The logic behind it is solid:
Q2 revenue more than doubled to $257 million; outstanding orders piled up to $104.2 billion, not to mention the additional $25 billion new deal added in Q3; and A100 contracts have been pushed out to 2029. On top of that, Black Gold / Vera Rubin GPU quotes have hit record highs—having compute power means having pricing power.
At present, the tokenized share price is around $82.53, with $36.26 traded over the past 24 hours. The float isn’t large, but with CoreWeave’s real-business expansion pace behind it, there’s plenty of room for imagination ahead.
For compute infrastructure, the logic has been unchanged this year: whoever has the GPUs, whoever has long-term contracts, can capture the spillover benefits from AI training demand. This wave of $CRWV is more about the market repricing the fundamentals.