有一个很重要的business moat，橡树是做这一行的，我记得他说过，大意是—-

来源: 于 2025-11-05 20:49:54 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

power allocation is a global bottleneck for AI/data centers and IREN’s pre-secured capacity creates high barriers to entry ....