$CIFR CEO Tyler Page posted TODAY the I drink your milkshake meme around GOOGLE’s earning. The data just proved him right. Google $GOOG Q4 earnings confirmed the scale of capital hunting for energy infrastructure. The Numbers $GOOGL Alphabet confirmed 2026 CapEx guidance of $175B - $185B. That is roughly double their 2025 spend. The Constraint Sundar Pichai admitted the critical issue is constraints related to computing power and electricity. They have $185B to spend but physics limits deployment without permitted, grid-connected power. The Connection $GOOGL Google already holds a ~5.4% equity stake in $CIFR. They backstopped over $1.7B of Fluidstack lease obligations specifically for the Cipher Barber Lake site. $CIFR Cipher isn't just mining Bitcoin. They own the time-to-power Google needs. Power is the new oil.