For me, what’s becoming increasingly interesting about $IREN is how individual projects are slowly coming together to form a true global infrastructure story. The next 2–3 years should show just how well IREN actually manages to pull this off.
How much potential do you see for IREN as a result of its expansion into Europe?
How much potential do you see for IREN as a result of its expansion into Europe?
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@LinsetreexL I believe IREN’s main short-term potential lies in Childress and Sweetwater. Europe and Australia are still a long way off, but an official permit is excellent news and a very valuable asset for the future!
~300 MW of connected and operational AI infrastructure currently represents ~67% IT load, corresponding to ~$4–5 billion in ARR ($20–25 million per MW per year).
When you compare that to the current valuation (~$18 billion) and the current ARR of ~$4 billion, you realize just how much potential IREN still has—at ~5 GW.
~300 MW of connected and operational AI infrastructure currently represents ~67% IT load, corresponding to ~$4–5 billion in ARR ($20–25 million per MW per year).
When you compare that to the current valuation (~$18 billion) and the current ARR of ~$4 billion, you realize just how much potential IREN still has—at ~5 GW.
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