Recently, @AethirCloud raised $344 million for the Aethir DAT, aka Strategic Compute Reserve, now trading on NASDAQ under $POAI. Last week I mentioned I’d share why I believe DATs are massively bullish - but more importantly, why what we built with the Aethir DAT is one-of-a-kind, world-class, and the most bullish structure imaginable for driving value to $ATH and its holders. This is a work of art - a true fusion of capital markets and tokenomics working in perfect sync to amplify network value. This is the creation of a legacy. Study the images. Ask me questions. But understand this - You are not bullish enough.

DAT Advantage 1: Cash Raised as % of Treasury Asset Circ. Market Cap Aethir’s DAT raised $52M in cash, equal to 7.8% of its $667M circulating market cap - the second highest to date behind $ENA. However, when including in-kind contributions, total capital raised rises to $344.4M, or over 50% of market cap. Important to note, cash is king BUT there are significant advantages to having more $ATH in treasury that still results in revenue for the DAT and resulting buybacks (see DAT Advantage 5 below). After adjusting for the fact that roughly 50% of Aethir’s supply is locked in staking, foundation, or compute commitments, the effective ratio becomes even more pronounced, enabling the flywheels to spin that much faster.

DAT Advantage 2: DAT On-Market Buys Create Sustained Demand Unlike other DATs, the Aethir DAT ($POAI) will purchase tokens on-market. Every purchase adds real demand pressure that supports the health of the token ecosystem. The Aethir DAT becomes a channel for trad-fi capital to buy ATH on-market. To incentivize this behavior, Aethir Foundation provides a 20% bonus grant when $POAI makes these on-market purchases. E.g. Aethir DAT spends $10m buying $ATH on-market, receives $2m bonus $ATH. Aethir DAT now has $12m $ATH. See "DAT Advantage 5" below for why the bonus grant is advantageous.

DAT Advantage 3: DAT is a Token Sink - Reduces Circulating Supply After the Aethir DAT ($POAI) purchases tokens on the open market, they are transferred into the DAT Treasury where the tokens can then be used to stake to onboard compute to the Aethir Network (generating Yield), or book compute on the network for Enterprise customers (generating Revenue). The Aethir DAT does not sell tokens, it accumulates and deploys. These tokens don’t come back into circulation. Over time, this steadily reduces the amount of tokens available in the market, creating lasting scarcity that strengthens the token ecosystem.

DAT Advantage 4: Higher Rewards Increase Cloud Host (GPU) Onboarding - Reinforces Supply Crunch Loop As circulating supply decreases, the rewards that GPU Cloud Hosts earn in tokens become more valuable to them. This attracts more GPU Cloud Hosts who want to join the network. Each new Cloud Host must stake tokens to participate, this is key. The more Cloud Hosts onboarded, the more stake is required, the fewer tokens remain available in the market, creating a self-reinforcing cycle of adoption and scarcity - a supply crunch. It is also important to note that DePIN’s generally accrue ecosystem value alongside network adoption/scale - which is happening here as well.

DAT Advantage 5: DAT Revenue Is Used to Buyback $ATH on Market Unlike other digital asset treasuries, Aethir DAT ($POAI) actually earns real revenue. It uses $ATH tokens to reserve GPU compute on the Aethir network, rents that compute to AI companies for dollars, and then uses every dollar earned to buy back $ATH tokens on-market. Each buyback also triggers a 20% bonus grant from the Aethir Foundation, creating a powerful repeating loop: more business drives more token demand, strengthens NASDAQ-side fundamentals, and reinforces the token’s on-chain performance - aligning real revenue with token growth How the Loop Works: 1. Aethir DAT buys $100m of $ATH on-market. 2. Aethir Foundation provides a 20% grant for each $ATH purchased on-market. 3. Aethir DAT now has $120m $ATH ($100m + $20m grant from Foundation). 4. Aethir DAT rents $120m of GPUs from Aethir and rents to AI Company 5. AI Company pays $120m USD to Aethir DAT in Revenue (likely more, this assumes no margin on compute contract) 6. Aethir DAT buys $120m of $ATH on market. 7. Aethir Foundation provides a 20% grant. 8. Aethir DAT now has $144m $ATH ($120m + $22m grant). 9. Repeat (Activated Reinforcing Loop: Supply Crunch Feedback Loop)

DAT Advantage 7: Aethir is Hitting a Scale Unlike any DePIN Before DePINs have never had to manage infrastructure as expensive as what’s being onboarded into Aethir. E.g. >$50-$100million GPU clusters. Aethir manages risk by requiring Cloud Hosts to stake tokens as a deposit, which can be slashed if they misbehave. But when a cluster is worth $100 million, that deposit could be >$3 million - often constituting a blocker for most Cloud Hosts. One solution to this problem is the Aethir DAT ($POAI). The DAT holds $ATH tokens and can stake on behalf of large clusters, earning a share of their revenue, as yield, in return. This lets Aethir scale to industrial-grade infrastructure, while the DAT earns real yield and strengthens the network’s growth loop.

This is just the beginning, but @AethirCloud has never been in a better position. $ATH is no longer just a token. It’s the backbone of a self-sustaining financial engine that connects AI, GPU infra, and Wall Street. We’re watching the emergence of the Strategic Compute Reserve era. Study the flywheels. Understand the loops. Watch $POAI. Stay tuned for more updates this week. I can't wait to share all that we've been working on! 📈🚀