$CLSK S Matthew Schultz continue to be late at every turn, the reason they trade at suppressed valuations is clear relative to other miners. Why buy back stock when you are in the most CAPEX driven sector out there? Terrible use of capital. Market won’t like this

The reason I did this in Feb 2025 was bc $CLSK had/has the worst mgmt team in the space.. $IREN has the best. Since this trade… $CLSK +40% $IREN +480% Anyone telling you $CLSK convert deal this am is good… mute them. Who uses converts with a 30% prem to buy back stock?

$IREN selling off bc of $CRWV and $NBIS is great opportunity. In the end, there is plenty of evidence and argument from $IREN bulls that point to IREN being far superior than other neoclouds. Eventually, everyone will get it. Just at much higher prices.

$IREN is trading @ 8.7x EV/EBITDA based on the new $MSFT contract and them building their CSP Fleet to 63k GPU's in BC. Exceptional value at these price levels for those who have a medium to longer term view. Do not get shaken out by the noise. Assumptions below: ✅ Prior $1B

May be unpopular .. but weak short term price action in $IREN right now.

$IREN In the post below… I flagged this news today a few weeks ago. The news is a little better than expected: see update: ✅ Prior converts ITM (equity offering to pay $1B as previously mentioned) ✅ Expected $3B of debt for asset infra buildout and it looks like it’ll be ~$2B

There seems to be a lot of confusion around $IREN this AM and what is happening...here are a few notes: ⏭️The $1B equity raise of taking out old converts is bullish. I wouldn't be surprised if a portion of those converts are Arb funds that take a discount which will result in

$IREN for all newbies… welcome to how the game is played. When converts price, they pile in and short to A) Hedge B) drive conversion price lower Meanwhile March $55 & $60 calls continue to accumulate

$IREN share count outstanding... With all the noise out there today, see breakdown of $IREN share count outstanding and where it is headed. Anyone telling you this is bearish news either (a) hasn't been following the stock, (b) doesn't understand IREN. Stock is going much

$IREN trades at 11.28x EV / EBITDA based on today's metrics (23.3k GPU's and the $MSFT deal). Mgmt has guided to an additional 40k GPU's in 2026 as well by finishing the conversion of BC to AI/HPC, but I am only illustrating the view of what we know today. Incredible value long

I don’t usually follow technicals … but multiple inverse head and shoulders building across multiple timeframes in $IREN … stock seems to be coiling

After closing its last offering in October, $IREN announced the $MSFT deal 2 weeks later. Just saying

On $IREN … there’s no update. The stock is the top stock to own for the next ~5 years. Short term Q to Q earnings and updates don’t matter. Own it, don’t trade it. You’ll lose $$ long term if you trade it. Buy it. Own it. That’s it.

I’ll be updating this sometime after earnings with an update. As well as revising targets. My target in 2025 was $70+ ✅ (prior to the massive run btw) My prior target in 2026 is $170+ … I’m thinking we’ll need to revise much higher but will wait for the data and report.

$IREN is trading like no deal announcement upcoming today. LT investors shouldn’t care

$IREN Teaser. $IREN proforma based on Mgmt's latest commentary (assuming $3.6B ARR in 2026 - so, let's assume the end of 2026 that is how they exit): *** $3.7B in debt to acquire another 57-63k GPU's (putting debt at $10.6B at end of year) *** Trades at 8.2x EV/EBITDA *** 3.25x

$IREN implementing another ATM, may trade down and short term traders may not like this...but longer term this is a good thing and good for the stock. Financially it will give them flexibility and we'll just have to wait and see for how big of an ATM they put in place.

$IREN $6B ATM can only mean one thing… they are close to something big.

$IREN ... only short term traders care about this. The facts are this: If $IREN were to build out 2 GW of power it would need $25B for Infra (assuming $12.5M per MW) and $50B for GPU's (assuming 770k GPU's at $65k per). Now, they won't do all GPU's, they will likely execute colo