$IREN (-12,18%)
$HUT
$HUT (-5,77%)
$CLSK (-12,83%)
$CORZ (+0,92%)
$BITF (-8,24%)
$HIVE (-11,17%)
$WULF (-17,01%)
$RIOT (-12,2%)
$MARA (-10,07%)
$BTDR (-13,06%)
$BTC (-3,01%)

$IREN (-12,18%) 🚀

Revenue growth in AI cloud services could be a harbinger of much larger AI data center deals.

$IREN (-12,18%) is fast becoming a force to be reckoned with in the data center industry. There are only a handful of developers with > 1 GW of secured power - let alone close to 3 GW!

Very exciting company and KBV Friday ≤ 1

$IREN (-12,18%)

• The output of the operated data centers was increased from 510 MW to 660 MW
• Installed capacity increased from 31 EH/s to 35 EH/s
• Bitcoin mining expansion paused at 52 EH/s
• Focus on AI cloud and AI data center business
• Progressive workflows for debt financing

https://irisenergy.gcs-web.com/static-files/3ad81dcd-5043-433c-b68a-4d8e237b0f37

$IREN (-12,18%)

$MARA (-10,07%)
$RIOT (-12,2%)
$CLSK (-12,83%)
$BTC (-3,01%)

$IREN (-12,18%)

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 (-12,18%) unique in my opinion and I don't think the market has fully recognized the value yet.

Anyway, very exciting ✌️

No defense industry but invested in renewable energy.

$IREN (-12,18%)
$NVDA (-4,03%)

$NVDA (-4,03%) 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 (-3,01%) 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 (-12,18%) 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)

$IREN (-12,18%)

Positive

• Record Bitcoin mining revenue of USD 113.5 million, an increase of 129% compared to the previous quarter
• Net profit of USD 18.9 million compared to a loss in the previous quarter
• Operating cash flow of USD 53.7 million
• 39% reduction in electricity costs per Bitcoin from $35,359 to $21,418
• 75% hardware profit margin in January 2025

Negative

• Revenue from AI cloud services fell from USD 3.2 million to USD 2.7 million quarter-on-quarter
• Other costs increased from USD 21.4 million to USD 25.1 million quarter-on-quarter
• Reduction in the planned hashrate expansion from 57 EH/s to 52 EH/s

$IREN (-12,18%) is going up well right now, got in at €10... what do you think is still possible 🧐?

The USA has 45.6% of all data centers worldwide. By 2030, US energy demand will account for 8% of US electricity. China continues to struggle with chip manufacturing due to trade bans on high technology.

$AMD (-7,97%) , $NVDA (-4,03%)
$IREN (-12,18%) , $ASML (-5,32%)
$TSM (-4,43%) , $AMZN (-4,46%) , $MSFT (-2,79%) , $GOOG (-3,43%)

$ASML (-5,32%)
$AMD (-7,97%)
$IREN (-12,18%)

Whether this was a mistake remains to be seen, but from here I see more potential in the other two companies ✌️