u/ItrustinZION

Hello to everyone, and especially the parents who had kids go back to school recently or in the near future!

I have a Kindergartener and....as my kid starts school my wife and I are transitioning from a "FI" mindset to a "Kinder FI" mindset. My wife is going to shift to a very reduced schedule, essentially working 30% as much as before, and we'll spend most everything that I make to cover all the bills.

If our portfolio keeps growing at 7% we'll be FI about 8 years later than originally planned, but we want to use our FU money and Financial Freedom NOW while our kid still wants to play with us, we focus on building a community based on our neighborhood and school, etc.

Has anyone else done something similar? Does this "FI term" exist? Honestly I'm hoping this is a new term / idea in the FI community and I want to write about it in detail as we make the transition and see how it goes! Would love peoples thoughts and experience.

I've built an "IREN Analyst" notebook LM will all press releases and earnings from the last 2 years for IREN. This is how it explains and assesses the Mirantis acquisition:

The acquisition of Mirantis directly broadens IREN’s Total Addressable Market (TAM) by allowing them to serve a much wider range of enterprise customers beyond their traditional base of hyperscalers looking for "bare metal" compute.

Why IREN acquired Mirantis Historically, IREN’s core competitive advantage has been physical execution—securing scarce power, building data centers, and deploying GPUs at a massive scale. However, as AI deployments grow and become more complex, customers increasingly require software platforms that are open, flexible, and built for scale.

IREN acquired Mirantis to immediately acquire this software and operational expertise. Mirantis specializes in cloud infrastructure, Kubernetes-based orchestration, and enterprise support services. Crucially, Mirantis brings its k0rdent AI platform, which is specifically designed to manage AI infrastructure across bare metal, virtual machines, and Kubernetes environments.

Impact on future revenue opportunities This acquisition accelerates and expands IREN's revenue opportunities in four specific ways:

• Expanded Market Access: It officially allows IREN to serve a broader range of customer requirements, specifically targeting emerging enterprise AI workloads. It also gives IREN an immediate footprint with Mirantis’s established base of over 1,500 global enterprise customers.
• Faster Deployment: Mirantis's software allows IREN to deploy and operate workloads on its existing GPU infrastructure much faster, reducing the "time-to-compute" bottleneck and bringing revenue online quicker.
• Enhanced Operational Visibility: It provides the necessary tools to monitor and manage customer environments and performance, a requirement for premium enterprise clients.
• Upgraded Customer Support: It bolts on ready-made technical support, service delivery, and enterprise operations expertise.

Impact on company valuation in the next 6 to 12 months Please note: The provided documents do not contain specific stock price forecasts or numerical valuation targets for the next 6 to 12 months. However, based on the fundamental data, the acquisition will impact valuation in two primary ways:

• Immediate Shareholder Dilution: The transaction is valued at approximately $625 million, and IREN is paying for it entirely with newly issued ordinary shares. In the short term, this will dilute existing shareholders, which can put near-term pressure on the stock price unless the market immediately prices in a massive premium for the newly acquired software capabilities.
• Integration and Execution Metrics: Over the next 6 to 12 months, the market will heavily scrutinize whether this $625 million dilution was worth it. Mirantis will operate as a standalone subsidiary. IREN's valuation will depend on successfully passing regulatory approvals to close the deal, smoothly integrating the teams, and proving they can leverage Mirantis to sign new, high-margin enterprise AI contracts. If they successfully use Mirantis to bring AI infrastructure online faster and capture a wider enterprise TAM, it could significantly elevate the company's long-term value.

I know it's a hamstring but he has been out for almost a month at this point! I think he is a huge piece no one is talking about and we really need him to finish this series strong and get ready for the spurs!

Is there any info about him? I don't hear a word about him even on the super niche Nuggie podcasts / twitter, etc