1Mon·

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

$IREN (+0.82%)
$NVDA (+0.75%)

- 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

35 Comments

Lupo201@Lupo201

1Mon

That's mega! Things are moving forward 📈

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BamBamInvest@BamBamInvest

1Mon

@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

1Mon

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

1Mon

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

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Chris@Multibagger

1Mon

@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

1Mon

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

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lookingforinformation@lookingforinformation

1Mon

@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

1Mon

@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

1Mon

@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

1Mon

@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

1Mon

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

1Mon

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

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BamBamInvest@BamBamInvest

1Mon

@Multibagger two more possible rockets for you if you assume a rising $ETH price $BTBT or $SBET. I had thought about playing both, each with a position of the same size, believe that you could still make a good return here in July or at the latest if you assume a new all-time high of $ETH or I simply make the first tranche $LMND.

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Chris@Multibagger

1Mon

@BamBamInvest I am a novice when it comes to crypto and have no idea whether $ETH will rise.

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BamBamInvest@BamBamInvest

1Mon

@Multibagger ok if you have not dealt with $ETH yourself, this probably makes less sense, conviction must be there.

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Chris@Multibagger

1Mon

@BamBamInvest I think so too. I wouldn't have joined $IREN either if your tips hadn't convinced me that they were more than just a miner.😉

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Chris@Multibagger

1Mon

@BamBamInvest But the article rather mentions other profiteers?

https://www.boerse-online.de/nachrichten/geldundvorsorge/morgen-kryptomillionaer-us-regierung-miner-zuenden-mega-deal-bitcoin-soll-auf-700000-usd-20382760.html

Like $HUT and $MARA, as well as $RIOT

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BamBamInvest@BamBamInvest

1Mon

@Multibagger who reads the stock exchange online? 😁Joking aside, I don't have $IREN in my portfolio because of $BTC Mining, just to mention it again. But I didn't read the whole article either. But it's probably more about mining and the $BTC itself.

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BamBamInvest@BamBamInvest

1Mon

@Multibagger you wanted to buy $LMND under 35$ right ?

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Chris@Multibagger

1Mon

@BamBamInvest No, it wasn't about $IREN. It was about your suggestion to join $BTBT and $SBET.

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Chris@Multibagger

1Mon

@BamBamInvest yes, but they are not quite there yet

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BamBamInvest@BamBamInvest

1Mon

@Multibagger I know it was just a question, maybe I'll stick a toe in 😂

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View all 2 further answers

Der Spekulant@Derspekulant1

1Mon

Brutal he 😂✅

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BamBamInvest@BamBamInvest

1Mon

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

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Der Spekulant@Derspekulant1

1Mon

@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

1Mon

@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

1Mon

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

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F@Cai-pirinha

1Mon

I'm happy about that!

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Singulus@Singulus

1Mon

Bäm 🥳

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Marlon M.@MarlonK

1Mon

Unfortunately missed the entrance...

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BamBamInvest@BamBamInvest

1Mon

@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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ChrisRatz@ChrisRatz

1Mon

@BamBamInvest I've also had it on my watch list for 2-3 weeks, but was too scared to get in. What bothers me at the moment is that if you look at the past few years, the share price is almost like a cyclical. The share price rose similarly in 2023 and 2024, only to fall more sharply again in July - September. Let's see if that happens again this year

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BamBamInvest@BamBamInvest

1Mon

@ChrisRatz Well, they were more of a Bitcoin miner and not profitable, which has less to do with future development and the price is not really meaningful here as it is also very dependent on Bitcoin. In addition, they have expanded a lot and were only in the development and completion phase. You should rather look at the company and not at the share price and not at the past and then decide whether you think it has potential or not ✌️

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