My operating logic on SNDKB isn’t betting on financial reports, but betting on the second-order premium brought by “oracle infrastructure completion.” Sandisk isn’t just selling storage hardware—it provides trusted price anchoring for on-chain assets through its private oracle network. This infrastructure value is currently severely undervalued. SNDKB, as a regulated credential under ADGM, can serve as a compliant on-ramp for traditional institutions to access this kind of foundational infrastructure. Of course, this is all a long-term narrative—short-term we still need to see whether the revenue and gross margin on 8/6 can hold the 79% threshold. I’ve only built a base position so far. If the guidance doesn’t meet expectations, I will cut it without hesitation—no hesitation and no sentiment. #TradFi晒单