"New Stock God" Serenity reminds investors: Beware of infinite dilution traps, stay away from companies with "toxic" financing structures

Golden Finance reports, "New stock god" Serenity posted on the X platform reminding investors to pay attention to financing structures and circulating share dynamics. If the fundamentals are good, consider going long after the original holdings are diluted to the extreme, but if you focus on equity appreciation, you should stay away from companies with "toxic" financing structures or debt pressure. Small-cap companies are especially risky. Additionally, examples are given:

1. IREN: Financing method is close to infinite dilution, each rebound is sold off, basically a "bad stock."
2. NBIS: Up 153% since the beginning of the year, thanks to optimized financing structures (such as direct financing, convertible bond portfolios, etc.).
3. CRWV: High debt interest, the company uses high-interest loans for GPU financing, which long-term erodes free cash flow. Serenity further reminds that investors must carefully analyze equity structure, dilution risks, and hidden costs when selecting targets to prevent only looking at profits while actual equity shrinks.