2Wk·

Potential Irish - Bitcoin mining and AI-driven data centers

IREN operates in two sectors - Bitcoin mining and AI-driven data centers - both of which are complex and widely misunderstood. Many investors may not realize how difficult it is to build and scale data centers. You can't just buy a plot of land, build a facility and flip the switch. It requires obtaining permits, negotiating energy contracts and working with government regulators. There are quite a few reports on how much energy will be needed to power future data centers, and that's a significant challenge.

That makes $IREN (-1.1%) unique in my opinion and I don't think the market has fully recognized the value yet.

Anyway, very exciting ✌️

BamBamInvest

@BamBamInvest

2Wk·

IREN just a Bitcoin miner or much more?

$IREN (-1.1%)
$NVDA (-7.42%)

$NVDA (-7.42%) Nvidia CEO: "Every data center of the future will be power-limited. Your revenues will be power-limited."

The $6.50 price will look so favorable by the end of the year.

We have a P/B ratio close to 1 here

Wall Street sees this as a pure $BTC (+2.41%) miner and you should be aware of the volatility caused by Bitcoin. But the transformation into one of the most powerful players in the data center sector is really exciting and a deal with a hyperscaler is only a matter of time.

Data centers, AI, alternative energies, real estate in promising locations, all future trends.

600MW power secured for SW 2

- > 500 acres ~28 miles from 1.4GW SW 1 & ~39 miles from Abilene

- 2.75GW total power now secured in West Texas

- Scale, time-to-power, fiber connectivity and low latency strongly position $IREN (-1.1%) sites for growing data center demand

(@IREN_LTD from x)

Who else has been looking at the company and how do you see the prospects?

(dilution of shares etc. I am aware of everything, but a price I am willing to pay for growth)

9 Comments

batic420@batic420

2Wk

I currently have the share in my portfolio - 51% down 😎
Let's see what happens...
I'm definitely convinced by the company and hope the market will soon get a taste for $IREN and I might be able to get something out of the position 😅

•

BamBamInvest@BamBamInvest

2Wk

@batic420 100% can go quickly, especially if the company delivers and manages the transformation away from Bitcoin mining, your entry may also appear favorable at some point ✌️

•

batic420@batic420

2Wk

@BamBamInvest That's what I'm after! But I'm optimistic that $IREN will get it right 😎

••

BamBamInvest@BamBamInvest

2Wk

@batic420 me too, otherwise I wouldn't be invested, the stock already has a P/B ratio close to 1. NVIDIA conference they were also present, yes there are risks but the downside potential is limited in my opinion and rather a buying opportunity. But it can still fall further if the market corrects 😂

•