BLZE Backblaze Inc - Ordinary Shares - Class A

$BLZE — Backblaze is a cloud-storage company that recently landed a five-year, $335M storage agreement with CoreWeave. AI infrastructure needs enormous amounts of storage too, not just GPUs.

$BLZE there had to have been some institutional unloading here. This drop looks like a large shareholder unloading like crazy . Definitely seems like it’s more than just “no buyers”. I hope it drops down under $8. Earnings in a few weeks. I’ll add before then. Only bad thing is the earnings are the day before mid term elections

$BLZE alot of tech has been cut in half if not more, from their high this year. Tell me this is not one massive plan, to manipulte prices so that the big boys can get in cheap. They will ride this to newer highs over the next 9 months.

$BLZE remember private offering. 175 million. Conversion rate is about $21.7 per share. It will get there soon

$BLZE buy now while its cheap. This baby is gonna be massive in 2027. Massive contract with $CRWV is just the beginning $MU $SNDK $NVDA

$BLZE added 13.01 needs volume print above 13.84 should get it back to 14.50-14.60 Premium in calls not there yet but we shall see

$BLZE ok blze is down because of the overall market but also Coreweave who they just signed a big deal with is down 12 plus based on debt on Balance Sheet and a lot of press today - that is definitely why Blze is down as well . I dont know a lot about coreweave but i think Blze will have a bounce near term - the convertible bond they recently issued gives them plenty of Cash near term

$BLZE this could run big on earnings . It could also dump on earnings. lol. It did run huge last time

$BLZE $BBIO $MX I trimmed some names that are kinda limping and restarted or started positions in these three names I'm quite bullish on at the bell. So far so good. Basically I'm casting a wider net because macro is in the dump.

$BLZE just open your eyes and check the tech sector. Its a midterm and AI fent fear sell off. Funny because Blackbaze doesnt have any AI related debt. 😂😂😂😂 But the market doesnt care now.

$BLZE this company gets pretty interesting around $450M market cap. Could still easily drop back to mid $7’s though . Earnings are the day before mid term elections. Wish they had picked a different day …

$BLZE CoreWeave relationship is not really helpful at the moment :) Wondering at what price this risk will be seen as priced in. Going to have a look at the price it was before the announcement. Could be an ultimate bottom.

$BLZE added under 11.40 volume is light but getting pushed down - should see a bounce but market is shit as you know