Undervalued AI Tech

$MEANREV Rotating out of our Amazon & Apple positions: taking profit and adding a NEW Pure Storage position. $PSTG is a high-conviction AI infrastructure bet: explosive data growth is driving demand for high-performance, energy-efficient flash storage, while Pure’s subscription model creates sticky, recurring revenue and expanding margins. A key catalyst was seeing Gavin Baker of Atreides Management and major AI leader) add it as a meaningful position—reinforcing the view that Pure is emerging as a long-duration compounder at the core of modern cloud and AI workloads.

Increasing our crypto exposure. Crypto is increasingly becoming a key financial rail with this recent crypto wave being deemed the “institutional cycle”, where real financial institutions are adopting it. I also believe crypto will be a key method to verify the authenticity of content with AI’s rapid growth. Ethereum is at a monthly low and Bitcoin is going through a pullback, so I view this as a good entry point to establish and increase our positions. Still long NVDA but just decreasing our exposure to make room.

Bitcoin correcting a bit from ATH at $123K (now $117K): entering this as hopefully a long term momentum / growth position I have very high conviction in. Major Crypto regulation in the US is getting passed as we speak and over the next 1-2 years we will continue to see significant investment from institutionals/big banks as stable coins and crypto are just significantly better technology than antiquated mainframes from the 1960s that much of the finance world still runs on. Will be watching this closely.