Bit Digital

3Wk·

Why has IREN performed so well since April? (~1300%) 👌

$BTC (-0.49%)
$BITF (-6.46%)
$BTBT (-4.51%)
$CIFR (-7.31%)

- Becoming profitable

- Triple-digit sales and EPS growth

- Bitcoin mining - > Data center conversion

- Misunderstood business

- Vertically integrated

- $NVDA (-3.34%) Preferred partner

Graphic from TannersTrades on x

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36 Comments

Chris@Multibagger

3Wk

I am using the declines to gradually build my position back up to its old size after taking profits. Yesterday I bought at €45.50. The next one would be due at €42 and then another one below €40

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4Wk·

Next increase - IREN - BTIG raises price target from 32 to 75 US dollars 🫡

$CIFR (-7.31%)
$BTBT (-4.51%)
$BITF (-6.46%)
$BTC (-0.49%)

100$ incoming ? 😁

4Wk·

IREN Price Targets 🫡

DividendenAlpaka@DividendenAlpaka

$IREN (-7.95%) Cantor Fitzgerald Raises PT to $100 from $49.

"We are raising our price target to $100, as we adjust our AI Cloud Services revenue estimates for IREN. Over the past several months, IREN has heavily leaned into its AI Cloud Services segment, a business we believe will ultimately closely resemble that of CRWV."

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9 Comments

4Wk

The share price is almost at 70$ and the Dude now has the idea of raising it from 32$ to 75$.
I could also take on this task as long as you only have to adjust price targets downstream in this job.

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Chris

@Multibagger

1Mon·

What's on the agenda tomorrow?

I have been thinking about making a few shifts in my treasury holdings. After reading a few articles, I think $GLXY (-7.38%) very promising. I might therefore shift my positions into $3350 (-4.12%) , $BTBT (-4.51%) or even $BMNR (-4.84%) a little.

What do you think?

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19 Comments

Eselai@DonkeyInvestor

1Mon

Tomorrow is Monday and I'm in a bad mood. I'll probably fire a few cash cows 👍

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1Mon·

IREN potential 🚀

$CIFR (-7.31%)
$BTBT (-4.51%)
$BITF (-6.46%)
$BTC (-0.49%)

According to OpenAI managers, the provision of 1 GW of AI computing capacity will cost USD 50 billion at today's prices. Morgan Stanley forecasts a demand for new data centers of at least 65 GW by 2028.

$IREN (-7.95%) has secured 3GW, closely followed by a multi-GW pipeline. With a current market cap of around 16 billion dollars 🤔

I think we will still have a lot of fun here 👌

1Mon·

IREN 🚀

$CIFR (-7.31%)
$BTC (-0.49%)
$BTBT (-4.51%)
$BITF (-6.46%)
$CLSK (-5.66%)

Graphics from Bernstein

Analysts at research and brokerage firm Bernstein said Bitcoin miners are becoming the unexpected winners of the artificial intelligence infrastructure boom thanks to their access to pre-secured, high-density power capacity.

In a new report on Friday, analysts led by Gautam Chhugani argued that this power advantage makes miners key partners for AI cloud providers facing long connection delays and increasing network congestion. Bernstein named the leading listed Bitcoin miner by market capitalization IREN as its top recommendation, rated the stock as "outperform" and reiterated its recently raised price target of USD 75.

The report points out that Bitcoin miners have collectively secured access to more than 14 gigawatts of grid-connected power - much of it in regions with surplus renewable energy. This infrastructure could reduce the time it takes to deploy AI data centers by up to 75%, according to the analysts. This gives miners an edge over greenfield developers who face multi-year queues to connect to the grid. "Access to the power grid has become a very scarce resource in the US," the analysts write, emphasizing that miners are now attractive strategic partners for hyperscalers and AI infrastructure providers due to their early expansion.

$IREN (-7.95%) The company controls around 3 gigawatts of operational and in-development power capacity in North America alone and has been the fastest to capitalize on the opportunity, according to analysts. The company has also acquired more than 23,300 GPUs - including the latest Blackwell models from $NVDA (-3.34%) - and expects its AI cloud business to exceed $500 million in annual revenue by the first quarter of 2026. The upcoming 50-megawatt liquid-cooled data center from $IREN (-7.95%) and a 2-gigawatt Sweetwater hub in Texas are key components of this expansion.

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25 Comments

Dividendenopi👴@Dividendenopi

1Mon

Let them come down a bit more, you have enough profits 😇😉, then I'll probably get back in for the medium term too

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1Mon·

Impact of Chinese tariffs on IREN ?

$CIFR (-7.31%)
$CRWV (-5.68%)
$BTBT (-4.51%)
$BITF (-6.46%)
$BTC (-0.49%)
$NVDA (-3.34%)
$AMD (-1.15%)

The tariff on Chinese imports has no material impact on the core business of $IREN (-7.95%)

$IREN (-7.95%) operates data centers in the US and Canada, uses domestically sourced GPUs (from Nvidia/AMD) and sells computing services directly to US companies.

Take profits if you want, stay true to your strategy, but don't make emotional decisions.

You must be able to sleep well with your investment or weight it in your portfolio in such a way that it lets you sleep well.

2026 will also be a very exciting year for Irish as significant capacities are being expanded and added.

$IREN (-7.95%) methodical strategy - building a low-cost, high-density infrastructure initially through bitcoin mining and then expanding into AI computing - positions $IREN (-7.95%) as a more resilient, vertically integrated player. Its strong asset base, low operating costs and limited reliance on external funding lend $IREN (-7.95%) a structurally more profitable, lower risk business model compared to the highly leveraged, asset-light models of many newer cloud providers.

In general, Bitcoin mining typically requires much lower capital expenditure (capex) than AI or HPC data centers. However, Iren's existing data centers (e.g. over 150 MW in Canada) are configured for both Bitcoin mining and high-density AI workloads, with rack densities of around 80 kW. Despite this, Iren achieved construction costs of around $650,000 per megawatt, well below the $6-15 million per megawatt typical of specialized AI facilities. Iren's designs are not only extremely fast to build, but also easy to retrofit (e.g. rack density should be scalable to 300 kW and beyond), giving Iren a significant advantage in terms of flexibility and time to market (e.g. in relation to the B200s).

This efficient, infrastructure-oriented approach has $IREN (-7.95%) enabled it to grow without taking on significant debt. In contrast, most of Neocloud's competitors, such as $CRWV (-5.68%) have financed their rapid expansion by eliminating large amounts of debt. Unlike Irish, most neoclouds typically own little land or physical infrastructure, which can hinder future growth.

1Mon·

IREN 🚀

$CIFR (-7.31%)
$BTC (-0.49%)
$BTBT (-4.51%)
$BITF (-6.46%)
$CLSK (-5.66%)

Graphics from Bernstein

Analysts at research and brokerage firm Bernstein said Bitcoin miners are becoming the unexpected winners of the artificial intelligence infrastructure boom thanks to their access to pre-secured, high-density power capacity.

In a new report on Friday, analysts led by Gautam Chhugani argued that this power advantage makes miners key partners for AI cloud providers facing long connection delays and increasing network congestion. Bernstein named the leading listed Bitcoin miner by market capitalization IREN as its top recommendation, rated the stock as "outperform" and reiterated its recently raised price target of USD 75.

The report points out that Bitcoin miners have collectively secured access to more than 14 gigawatts of grid-connected power - much of it in regions with surplus renewable energy. This infrastructure could reduce the time it takes to deploy AI data centers by up to 75%, according to the analysts. This gives miners an edge over greenfield developers who face multi-year queues to connect to the grid. "Access to the power grid has become a very scarce resource in the US," the analysts write, emphasizing that miners are now attractive strategic partners for hyperscalers and AI infrastructure providers due to their early expansion.

$IREN (-7.95%) The company controls around 3 gigawatts of operational and in-development power capacity in North America alone and has been the fastest to capitalize on the opportunity, according to analysts. The company has also acquired more than 23,300 GPUs - including the latest Blackwell models from $NVDA (-3.34%) - and expects its AI cloud business to exceed $500 million in annual revenue by the first quarter of 2026. The upcoming 50-megawatt liquid-cooled data center from $IREN (-7.95%) and a 2-gigawatt Sweetwater hub in Texas are key components of this expansion.

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10 Comments

All-in-or-nothing@All-in-or-nothing

1Mon

As you may know by now, I'm sitting on quite a few Bitcoin miners and am still absolutely relaxed😁👍🏻. Thank you for your contributions to $IREN, which finally convinced me at some point einzusteigen🙏🏻.

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Show answer

1Mon·

IREN 🚀

$CIFR (-7.31%)
$BTC (-0.49%)
$BTBT (-4.51%)
$BITF (-6.46%)
$CLSK (-5.66%)

Graphics from Bernstein

Analysts at research and brokerage firm Bernstein said Bitcoin miners are becoming the unexpected winners of the artificial intelligence infrastructure boom thanks to their access to pre-secured, high-density power capacity.

In a new report on Friday, analysts led by Gautam Chhugani argued that this power advantage makes miners key partners for AI cloud providers facing long connection delays and increasing network congestion. Bernstein named the leading listed Bitcoin miner by market capitalization IREN as its top recommendation, rated the stock as "outperform" and reiterated its recently raised price target of USD 75.

The report points out that Bitcoin miners have collectively secured access to more than 14 gigawatts of grid-connected power - much of it in regions with surplus renewable energy. This infrastructure could reduce the time it takes to deploy AI data centers by up to 75%, according to the analysts. This gives miners an edge over greenfield developers who face multi-year queues to connect to the grid. "Access to the power grid has become a very scarce resource in the US," the analysts write, emphasizing that miners are now attractive strategic partners for hyperscalers and AI infrastructure providers due to their early expansion.

$IREN (-7.95%) The company controls around 3 gigawatts of operational and in-development power capacity in North America alone and has been the fastest to capitalize on the opportunity, according to analysts. The company has also acquired more than 23,300 GPUs - including the latest Blackwell models from $NVDA (-3.34%) - and expects its AI cloud business to exceed $500 million in annual revenue by the first quarter of 2026. The upcoming 50-megawatt liquid-cooled data center from $IREN (-7.95%) and a 2-gigawatt Sweetwater hub in Texas are key components of this expansion.

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16 Comments

~ S.@Semos25

1Mon

Gosh, I bought some more today 🫣🤦‍♀️

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1Mon·

IREN has completed one of the cleanest financings 🚀

$CIFR (-7.31%)
$BTBT (-4.51%)
$BTC (-0.49%)

- Convertible bonds worth USD 1 billion maturing in 2031

- Conversion rate: USD 85.62

- Capped calls up to USD 120 = no dilution up to USD 120/share

- Adds only ~11.7 million shares ( ≈ 4%) upon full conversion

- All proceeds will go towards GPU and AI data center expansion

You basically raised a billion dollars with almost no dilution. 👌

1Mon·

IREN kündigt geplantes Angebot von Wandelanleihen an.

Klein-Anleger1@Klein-Anleger1

Offering: IREN plans a private offering of $875 million in convertible senior notes due 2031, with an option for an additional $125 million, totaling up to $1.0 billion. The offering is limited to qualified institutional buyers under Rule 144A of the Securities Act.

Terms: Senior unsecured notes, maturing July 1, 2031, with semiannual interest. Convertible into cash, shares, or both. Callable from January 8, 2029 if the share price exceeds 130% of the conversion price. Holders can require repurchase upon a fundamental change. Rates and conversion terms to be set at pricing.

Use of Proceeds: To fund capped call transactions and for general corporate purposes and working capital. Additional proceeds, if the option is exercised, will fund more capped calls.

Capped Calls: Designed to limit dilution and/or offset cash payments above principal, up to a cap price. Initially cash-settled until shareholder approval allows share repurchases. Counterparty hedging may impact IREN’s share and note prices around key dates.

Legal: The notes and any conversion shares are unregistered and may be sold only under exemptions. This release is not an offer or solicitation where such actions are unlawful.

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19 Comments

1Mon

Continue towards 75... 📈

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Chris

@Multibagger

1Mon·

Only money invested can bring a return

So today I have directly reinvested the proceeds secured below in 2 derivatives on $BTBT (-4.51%) ( long turbo ) and on $PLTR (-5.04%) ( Inliner )

Chris

@Multibagger

1Mon·

Realized once again

After the first half of my derivative left my portfolio 1.5 weeks ago at $APLD (-6.44%) left my portfolio with 200%, I have now also sold the second half as part of a small risk minimization.

Since I was also asked yesterday after my post on the bubble which stocks I see as most at risk in the event of a downturn and could speculate on short, I have to say that $APLD (-6.44%) would certainly be one of them, like everything in the data center sector.

So also

$NBIS (-4.31%)