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‼️ This trade is getting absurd. Myseum stock jumped 300% after rebranding to
Yesterday: Allbirds surged 582% on a GPU pivot
Today: Allied Gaming +42% on an #AI strategy #shift
The playbook is becoming obvious: struggling legacy business + “AI pivot” headline = instant market cap re-rating
Allbirds sold its shoe brand for $39M (roughly ten cents on the dollar) and raised $50M to go all-in on GPUs
The result: +$127M added in market cap in a SINGLE session
The #AI bubble is getting structurally reinforced with recent these pivots everyday. #crypto