Thank you! I was going to make a post about it too, but if you've done it now 👍
IREN is now even the position in my portfolio with the highest percentage gain 🤫
IREN is now even the position in my portfolio with the highest percentage gain 🤫
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@Klein-Anleger Thank you 🫶
The company remains exciting. Was a good buy 🚀
Nevertheless, the quarterly figures look catastrophically bad 🫣
The company remains exciting. Was a good buy 🚀
Nevertheless, the quarterly figures look catastrophically bad 🫣
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•@Pazzzi Definitely, in the short term the numbers don't look so bright, but that's precisely because the Bitcoin miners are gradually being switched off to switch to AI workloads. This costs money in the short term during this transition phase. I'm sure you've read my analysis of them and my main thesis that energy will be the next bottleneck is still intact. The fact that the global market leader NVIDIA is not only injecting money into IREN and buying in like other NeoCloud providers, but also wants to run the latest technology in IREN's data centers as a showcase project and use the capacity for internal developers is already an accolade for IREN! In addition, the expansion into Europe to secure even more energy access! Simply strong news, even if the figures were impacted by the transformation...
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•@Klein-Anleger That's right. The news was very surprising 🤙
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