The X post from the figure dubbed the “new stock god” focused on share count changes, debt structure and cash-flow pressure, adding warnings on small-cap names SLNH and BKKT.
Serenity, dubbed the “new stock god,” set out a stock-picking framework on X that emphasizes corporate financing structures and changes in shares outstanding as key signals for investors. He described IREN as near-infinitely dilutive, said NBIS has risen 153% this year with improved financing, and argued CRWV is weighed down by costly GPU-related debt that drains cash flow. He also pointed to small-cap risks, citing SLNH for adding a $500 million at-the-market share sale program against a $250 million market cap and BKKT for diluting shares to fund executive pay. The approach points investors toward how companies fund growth, since repeated equity issuance can dilute existing holders while expensive debt can pressure operations and future flexibility.