1D·

IREN is pleased to announce the expansion of its AI Cloud business 🚀

$IREN (+0.47%)
$NVDA (-1.03%)

- Purchase of ~2,400 NVIDIA Blackwell GPUs (B200/B300)

- Fully financed from cash reserves

- Deployed in Prince George data center

- Increases total fleet to ~4,300 NVIDIA GPUs

- Enables next generation training and inference at scale

- Expected to deliver strong risk-adjusted returns

- Supports opportunities across the AI data center business

Press Release:

https://irisenergy.gcs-web.com/static-files/627f2a74-662f-47f1-a316-42ead29917cf

21 Comments

Lupo201@Lupo201

That's mega! Things are moving forward 📈

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BamBamInvest@BamBamInvest

@Lupo201 There must be something going on, or negotiations must already be well advanced. I'm pretty confident that we'll still have a lot of fun here.

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lookingforinformation@lookingforinformation

THANK YOU FOR YOUR CONTRIBUTION!
I was able to make a 10% profit on 7.000€ in the time from 15:27 to 15:35...what a great trade! Thank you!

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BamBamInvest@BamBamInvest

@lookingforinformation I'm glad it worked 🤣, the rocket is just taking off 🚀

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Chris@Multibagger

20H

@BamBamInvest Do you now have an entry scenario for $LMND? Or are you waiting for me to get into the rocket?😂😎

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Chris@Multibagger

20H

@lookingforinformation I hope you haven't sold. You'll make another 30% in the next few weeks😎🚀😉😉

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lookingforinformation@lookingforinformation

20H

@Multibagger I have been "day trading" with € 10,000 capital for a year with shares of mining companies and lately a lot with iren...with the constant up and down you can get much more than with pure holding, unless of course you miss such mega 30% jumps ...have now made 100% return with the € 10,000 😎

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BamBamInvest@BamBamInvest

18H

@Multibagger I'll wait until you get into the rocket 😁. I've often been on the verge of buying, but then I thought to myself, they're not profitable yet, the market has to correct a bit at some point or be red for 1-2 days and then I'll build up the first position. I just hope that this happens before the earnings, otherwise I might have to speculatively get in before the earnings. Every red day is immediately bought again 🤔 and you? Are you already getting impatient?

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Chris@Multibagger

18H

@BamBamInvest no, I have 2 purchase prices for 2 tranches in mind. The first small one below €35 and the next at €30. But now that I'm in $GSHD via a derivative, I'm not in a hurry.

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BamBamInvest@BamBamInvest

11H

@Multibagger Yes, that's what I wanted to do. But I'm afraid that we'll also have a good July 😁 and if $LMND starts to perform or surprises positively in earnings, it can go up very quickly. I want to get in for the long term anyway. Let's see

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Michey777@Michey777

23H

The overweight is getting bigger and bigger 🤣 Thanks to Jan B. And his appearance at alles auf Aktien. Gave me a first entry at 5.7 euros😅

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Chris@Multibagger

23H

I knew that, otherwise I wouldn't have got on that rocket at the right moment. 😂😂😂🚀🚀🚀🚀

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Der Spekulant@Derspekulant1

Brutal he 😂✅

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BamBamInvest@BamBamInvest

@Derspekulant1 and I was already almost 40% down with the position . 😁 Always a little too early ✌️

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Der Spekulant@Derspekulant1

@BamBamInvest I got in at the beginning of June and even added a little yesterday, you must have a very good nose 😂👍🏽

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BamBamInvest@BamBamInvest

@Derspekulant1 apparently, but I always reduce my positions too quickly from a risk perspective. Things are just going too well for me at the moment.

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Der Spekulant@Derspekulant1

@BamBamInvest I'm slowly building it up from a risk perspective haha 😂

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F@Cai-pirinha

I'm happy about that!

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Singulus@Singulus

Bäm 🥳

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Marlon M.@MarlonK

Unfortunately missed the entrance...

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BamBamInvest@BamBamInvest

@MarlonK In terms of price potential, we are still a long way from reaching our goal here, especially if you are taking a long-term view. They are quite overbought, but in my opinion the real price increase will only come after the announcement of a colocation deal with a hyperscaler. So I wouldn't call it a miss, as long as your investment period is long-term and you go in in tranches, there's a lot of potential with a manageable risk in my opinion. But of course you have to decide for yourself. ✌️

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