u/Jazzlike_Mall_763

Crypto is usually a leading indicator of risk on and overall market bullishness. Time to go to the moon? 🚀

LFG boys and girls

Doesn’t impact us, but market can be dumb. Onwards. Key execution risk has already been eliminated with h1 delivery

Everything Nvidia touches turns to gold. First Coreweave, then Nebius, and now IREN. The partnership is only a few months old right now… it’s coming. The market is not ready. In Jensen we trust. $500b of cash coming our way

Deutsche Bank, Bank of America, Alberta Investment Management Corp are some of the names I’ve seen this week. Fuck Cramer and the bears. Send it 🚀 🚀 🚀

“If you like IREN, go buy CoreWeave. CoreWeave is cheaper and better.”

Thanks Jimbo

Congrats to anyone who bought. In a few years, this will be just a blip. But you’ll still have your low cost shares. Cheers

If you have cash, you have to buy… the business has only gotten better while the share price has dropped. We are almost at fair value of just IREN’s cash holdings ($7.8b). I know, it’s been an absolute dumpster fire for anyone who bought at higher prices, but that’s the price you pay for greatness. High risk = high reward. Hang in there my friends

Official post should be coming sometime this week. 🐂 🐂 🐂

https://x.com/jiahanjimliu/status/2079322620043149372?s=46

Looks like last week was the pico bottom for real. With $7.6bn of cash on hand, new $3b contract, and horizon 1 delivery upcoming, sky is the limit… nobody will cry about the pay package or Warriors deal when the stock moons. Institutions got the cheap shares they wanted while retail capitulates again. Tale as old as time. For everyone who bought more and held, cheers 🍻

Btw, IREN’s customer base now includes MSFT, NVIDIA, Perplexity, Figure AI, Together AI, Fluidstack, Fireworks AI, Hume AI, and “a new leading AI developer.” If you think outside the box, Warriors deal makes sense… 🤔

Took us down to $32.5 at market open, and a huge 10M volume spike bought it back up. Horizon next week… 🤔

Now we wait for Horizon. Tick tock

Trump:

One of the biggest Driving Forces in the Future for Jobs, are Data Centers. They are big, strong, bold, and Money Machines for the State in which they are built. Governor Kathy Hochul, for political reasons, has terminated all Data Centers being built, or to be built, in New York State.

These Companies are now being sought in Alabama, Florida, Texas, Arizona, and many other States. Both the Taxes and the Jobs amount to LIQUID GOLD!

New York State has made a terrible decision. All of this Income, and other Benefits, will be going to Red States, and some Blue, where Data Centers are sought as Cash Cows, with Lower Taxes and Record Setting Jobs.

They must pay for their own Water and Power, and any leftover goes back to the State and local Community. Data Centers are tremendous WINS for the States and Communities that are lucky enough to get them.

New York should change its Policy, IMMEDIATELY.

https://x.com/wallstengine/status/2077434470047912340?s=46

Whole sector is being shorted to oblivion, regardless of fundamentals. It only means when the good news comes the recovery will be insane. Everyone wants lower prices but few are willing to buy and stay with their conviction… gl to everyone

Institutions are not going to believe anything until the official announcement, but per retail investors who attended RAISE summit, Horizon 1 should hand off to Microsoft on Jul 19. Hold on just a little longer - this would definitely send the stock higher.

https://x.com/landoinvests/status/2074999495990071692?s=46

Amazing. Keep the activism up!

https://irisenergy.gcs-web.com/static-files/4b270ecd-ef4d-4f41-b21f-c12ca0b4f3ce

Sentiment was so so bad despite the Nvidia deal, Mirantis acquisition, Nostrum acquisition, and the rest of the other positive developments YTD. Dan and Will have been holding onto their 5GW of secured power knowing that the scarcity of the asset will only increase. It’s only a matter of time…

🐂 🐂 🐂

Nvidia must have seen this coming. Already the hyperscalers have been developing their own chips. Going forward, they will not only wean themselves off Nvidia GPUs but also sell compute services running on their own custom silicon.

IREN is the hedge. IREN will work with Nvidia to spin up 5GW of DSX data centers that offer compute running on Nvidia chips. They will target all the start-ups, mid-sized businesses, AI labs that want AI run on Nvidia hardware at a fair price. They will try to capture these businesses at an early stage and keep them in the Nvidia ecosystem. So IREN therefore needs to be top-of-mind as an alternative AI cloud (GSW deal, btw I heard LeBron probably join the GSW, should be a very good brand deal). Additionally, IREN can NOT sell its pipeline power to a hyperscaler since that would be selling to a direct competitor. And lastly, hyperscaler margins are already lower.

This may end up being a 4D chess move by Dan, contrary to all the noise saying he’s a clown. I’m bullish