3D·

IREN: At $1850 ?

The remuneration structure of $IREN (-2,77 %) provides for CEO Dan to acquire shares at $75 as soon as the share price reaches certain milestones ($370, $650, $925, $1850). In an extreme case, this would correspond to a market capitalization of around $400 billion. The incentives are thus clearly geared towards long-term growth.

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Buckle up and off you go 🚀📈
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Why do they have so few ROE? ROICE etc. Big gross margin but operating margin is terrible. Do they only make money with new share issues?
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