Allbirds Soared. Myseum ripped. The market is clamoring for more AI infrastructure stocks. I have an idea that just might work.
With the lofty valuations recently assigned to newly minted AI companies, here’s how one Bison Insights idea could stack up.
This is a thought experiment. It may never happen, but perhaps it should.
The backdrop is what happened this week in public markets. On Wednesday, All Birds ($BIRD), a shoe company, announced that it’s pivoting to AI compute infrastructure, and the stock has soared by over 300%!
Then Thursday, Myseum ($MYSE), a small software communications company, announced its own pivot and rebrand as Myseum.AI, and its stock soared, rising by over 100%:
Naturally, there were memes mocking how ridiculous this trend looks on its face:
But the stock reactions point to something: the market is screaming for more AI.
There’s one company I’ve written about that fits this theme far more naturally. It is already building infrastructure that could be used to power AI data centers, in an area where there are more applications for new data centers than available power - by a lot.
This company’s oil and gas assets may also be worth well above the current stock price. This offers the company the opportunity to reward shareholders with a large distribution via asset monetization or spin-out, along with the capital base to jump start the pivot to AI.
This is far more credible than a shoe company claiming they’re now “doing AI infrastructure” and rocketing their stock price higher. But still a thought experiment.
Where could that go? How high could the stock soar? 2x? 10x? I don’t know.
But if companies like $BIRD and $MYSE can skyrocket on an AI pivot in narrative alone, it’s at least worth exploring what could happen if a company with tangible, directly related assets chose to embrace it.
Disclaimer: This material is for informational and educational purposes only and should not be considered an investment offer, solicitation, or recommendation. Please consult a financial advisor and conduct your own due diligence. This is a speculative thought experiment and nothing more. Do not rely on this.
