22H·

IREN This is just the beginning 🫡

The signing of a 9.7 billion dollar cloud contract with $MSFT (-0.75%) by $IREN (-5.36%) is a pivotal moment for the company and all those invested ! 🫡

It is important to keep in mind that this billion dollar deal - which at first glance has a very strong ROIC profile - barely covers 300 MW (gross) of the ~3 GW power portfolio of $IREN (-5.36%) electricity portfolio.

There will be many more deals, whether in the form of hyperscale cloud contracts or highly profitable "premium" colocation partnerships.

This really is just the beginning... 💪

$CIFR (-5.15%)
$CRWV (-4.09%)
$NBIS (-5.24%)

BamBamInvest

@BamBamInvest

22H·

IREN SECURES $9.7 BILLION AI CLOUD CONTRACT WITH MICROSOFT 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

$IREN (-5.36%)
$MSFT (-0.75%)

Daniel Roberts, Co-Founder & Co-CEO of IREN, commented:

“We’re proud to announce this milestone partnership with Microsoft, highlighting the strength and scalability of our vertically integrated AI Cloud platform.

This agreement not only validates IREN’s position as a trusted provider of AI Cloud services, but also opens access to a new customer segment among global hyperscalers.

It marks another major step forward for IREN as we continue to expand large-scale GPU deployments across our 3GW secured power portfolio in North America, reinforcing our position as a leading AI Cloud Service Provider.

11 Comments

Liebesspieler@Liebesspieler

21H

Mega! Congratulations to all those who invested :)

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BamBamInvest@BamBamInvest

20H

@Liebesspieler danke 🙏

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~ S.@Semos25

22H

Would you actually buy more now? Orders will probably come in one after the other.

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AK@AK98

22H

@Semos25 Run a savings plan

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BamBamInvest@BamBamInvest

22H

@Semos25 well think about it, they will have 3GW by the end of 2026, the $MSFT deal is 300 MW 🤔. The markets will probably fluctuate until then and you don't know what will happen until then and whether everything will be in place by then, but the fact is, if they can rent it out similarly or land similar deals, you'll easily have another 2-3x here. It's possible that more capacity will be added. I probably wouldn't jump in now, or at least only go in small and take advantage of possible setbacks. ✌️

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BamBamInvest@BamBamInvest

22H

@Semos25 or savings plan, is of course also a possibility or in tranches if you want to get in.

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~ S.@Semos25

21H

@BamBamInvest I am already invested and have bought more, but the position is not yet full. Let's see, if I don't have the opportunity to buy more, I'll just have to be satisfied with the current position.

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BamBamInvest@BamBamInvest

21H

@Semos25 ah okay 👌

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