Coreweave
Can a Crypto Miner Become an AI Infrastructure Giant?Applied Digital Corporation has undergone a dramatic transformation, pivoting from cryptocurrency mining infrastructure to become a key player in the rapidly expanding AI data center market. This strategic shift, completed in November 2022, has resulted in extraordinary stock performance with shares surging over 280% in the past year. The company has successfully repositioned itself from serving volatile crypto clients to securing long-term, stable contracts in the high-performance computing (HPC) sector, fundamentally de-risking its business model while capitalizing on the explosive demand for AI infrastructure.
The company's competitive advantage stems from its purpose-built approach to AI data centers, strategically located in North Dakota to leverage natural cooling advantages and access to abundant "stranded power" from renewable sources. Applied Digital's Polaris Forge campus can achieve over 220 days of free cooling annually, significantly outperforming traditional data center locations. This operational efficiency, combined with the ability to utilize otherwise curtailed renewable energy, creates a sustainable cost structure that traditional operators cannot easily replicate through simple retrofitting of existing facilities.
The transformative CoreWeave partnership represents the cornerstone of Applied Digital's growth strategy, with approximately $11 billion in contracted revenue over 15 years for a total capacity of 400 MW. This massive contract provides unprecedented revenue visibility and validates the company's approach to serving AI hyperscalers. The phased buildout schedule, commencing with a 100 MW facility in Q4 2025, provides predictable revenue growth while the company pursues additional hyperscale clients to diversify its customer base.
Despite current financial challenges including negative free cash flow and steep valuation multiples, institutional investors holding 65.67% of the stock demonstrate confidence in the long-term growth narrative. The company's success will ultimately depend on the execution of its buildout plans and ability to capitalize on the projected $165.73 billion AI data center market by 2034. Applied Digital has positioned itself at the intersection of favorable macroeconomic trends, geostrategic advantages, and technological innovation, transforming from a volatile crypto play into a strategic infrastructure provider for the AI revolution.
CoreWeave – Golden Zone Setup with FVG ConfluencePrice action on CoreWeave (CRVW) has delivered exactly what high-probability ICT setups are built on. After the strong bullish expansion post-IPO, price retraced cleanly into the golden Fibonacci zone (62%–79%), aligning perfectly with a higher-timeframe Fair Value Gap (FVG).
This retracement holds confluence from multiple PD arrays:
- Golden Zone Respect → Buyers stepped in right at equilibrium levels, where institutional order flow often reloads.
- Weekly FVG → The retracement filled imbalance left on the weekly expansion leg, strengthening the bullish narrative.
- Volume Profile → The drop into this zone occurred on decreasing sell volume, suggesting sellers are exhausted while buyers accumulate.
If price continues to hold above this golden zone/FVG region, the bias remains to the upside with immediate targets at:
- $147 (Weekly Buyside Liquidity)
- $185 (Above Prior Weekly Highs)
- $198–200 (FVG Fill & Structural Target)
Ultimately, a full bullish expansion could send CoreWeave towards $360 (778% projection) in the long term if liquidity pools above are targeted. DYOR.
CoreWeave Falling to $68CoreWeave seems to be falling towards $68 support. It's hard to say if $68 will hold, but it's absolutely a good area to close shorts for a potential bounce.
CRWV has yet to form any long term trend lines that I can find. Perhaps this will come from a bounce off $68.
Good luck!
CRWV Bearish Breakdown – $82P Loading
# ⚠️ CRWV \$82P – Bearish Breakdown Alert 🚨📉
**Summary (2025-08-20):**
CRWV is flashing strong **bearish momentum** across all models:
* 📉 Daily & Weekly RSI both below key thresholds = heavy downside pressure.
* 💼 Volume up **1.5x vs last week** = institutional selling confirmation.
* 🔻 Options skew bearish: High OI at **\$80 & \$85 puts**, Call/Put ratio = 1.00 (neutral on surface, but leaning bearish).
* 🌐 VIX at **16.6** = stable environment for weekly option plays.
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## 📊 Trade Setup
* 🎯 **Instrument:** CRWV
* 🔀 **Direction:** PUT (SHORT)
* 💵 **Entry Price:** 0.94
* 🎯 **Profit Target:** 1.40 → 1.88 (50–100% gain)
* 🛑 **Stop Loss:** 0.42 (\~45% risk)
* 📅 **Expiry:** 2025-08-22
* 📈 **Confidence:** 75% (strong institutional selling + bearish momentum)
* ⏰ **Entry Timing:** Market open
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### 🚨 Key Risks:
* High **gamma risk** with only 2 days left.
* Potential short squeeze due to clustered OI at \$80–\$85 puts.
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💡 **Play Idea:** Short-dated **\$82 puts** align perfectly with the bearish setup — but manage risk tightly due to gamma heat.
Who Silently Powers the AI Revolution?While the spotlight often shines on AI giants like Nvidia and OpenAI, a less-publicized but equally critical player, CoreWeave, is rapidly emerging as a foundational force in the artificial intelligence landscape. This specialized AI cloud computing provider is not just participating in the AI boom; it is building the essential infrastructure that underpins it. CoreWeave's unique model allows companies to "rent" high-performance Graphics Processing Units (GPUs) from its dedicated cloud, democratizing access to the immense computational power required for advanced AI development. This strategic approach has positioned CoreWeave for substantial growth, evidenced by its impressive 420% year-over-year revenue growth in Q1 2025 and a burgeoning backlog of over $25 billion in remaining performance obligations.
CoreWeave's pivotal role became even clearer with the recent partnership between Google Cloud and OpenAI. Though seemingly a win for the tech titans, CoreWeave is supplying the critical compute power that Google then resells to OpenAI. This crucial, indirect involvement places CoreWeave at the nexus of the AI revolution's most significant collaborations, validating its business model and its capacity to meet the demanding computational needs of leading AI innovators. Beyond merely providing raw compute, CoreWeave is also innovating in the software space. Following its acquisition of AI developer platform Weights & Biases in May 2025, CoreWeave has launched new AI cloud software products designed to streamline AI development, deployment, and iteration, further cementing its position as a comprehensive AI ecosystem provider.
Despite its rapid stock appreciation and some analyst concerns about valuation, CoreWeave's core fundamentals remain robust. Its deep partnership with Nvidia, including Nvidia's equity stake and CoreWeave's early adoption of Nvidia's cutting-edge Blackwell architecture, ensures access to the most sought-after GPUs. While currently in a heavy investment phase, these expenditures directly fuel its capacity expansion to meet an insatiable demand. As AI continues its relentless advancement, the need for specialized, high-performance computing infrastructure will only intensify. CoreWeave, by strategically positioning itself as the "AI Hyperscaler," is not just witnessing this revolution; it is actively enabling it.






