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I've been in it for a long time and am also well up. However, I still see a lot of potential and a high Bitcoin price will further accelerate growth in the AI sector.
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@Michey777 It will, but at some point the $BTC will no longer be relevant in my opinion, the first colocation deal will lead to a revaluation. But of course $BTC is also used to finance the company and the current valuation is based almost entirely on $BTC, Fomo is far from being priced in in terms of valuation and the share price could then also accelerate dramatically, at least that's my opinion or thesis. ✌️
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@BamBamInvest may be. But due to the profitability + possible issue of convertible bonds, I still see good growth. In my opinion, the bottleneck is cheap energy and possibly the NVIDIA chips. Well, almost 40% increase in one week is quite a fomo, isn't it? But I also agree with you. The analysts have always supported the outlook with decent share price valuations.
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@Michey777 No FOMO, the 40% increase is of course solely due to my entry last week in $IREN at €9, as a user who rarely writes here @BamBamInvest had convinced me.😉 Let's see if it was a good EK in the long term. I would also add again.
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@Multibagger well then everything is clear. Fomo it is only when it has taken on the dimensions of $NOVO B or $UNH:) then I'm out 😏 But if the draught horse has of course entered at €9, then that is of course a driver 🤫 better let me know when you go out again, although I will then see if you reduce your 5% 😜 is an adhoc 🙏
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@Multibagger 🤣 Yes, they do, the analysts have much higher price targets and the rising $BTC price is of course also good, but does not reflect the potential and the outlook. The important thing is a big deal with a hyperscaler and that will come and you shouldn't sell too cheaply because capacities are very limited here and are needed. You just have to be patient and capacities will continue to be expanded. I am bullish here, but had reduced half of the position to minimize risk, in retrospect probably a mistake 😁
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