All depends on what they're going to be mining.. with scrypt coins, pool or not they can definitely be profitable. Hell even with BTC, $2 of ASIC's will be profitable, assuming cloudhashing will be covering the power costs (which I assume they will be, or DBTC will be getting a discount rate due to amount of hashing power they will be purchasing).
Agreed we will need to wait and see what the prospectus says.. if they are purely mining BTC then I will be seriously reviewing my decision to invest.. However I can't imagine a company with this much money behind them and what you would expect to be a fair amount of know how, would only be targeting BTC, that'd be ludacrous.
MEJ Price at posting:
6.4¢ Sentiment: None Disclosure: Not Held