6D·

🚀IREN explodes

If you look at your watchlist today, Iris Energy ($IREN (+0,62%) ) should make big eyes. The share is rising massively! 📈

What's behind the share price explosion? Clearly: the transformation of the company is taking on brutal proportions.

The key facts at a glance:

🤝 The 1.6 billion dollar hammer:

IREN has bagged a huge deal with Dell to get Nvidia's brand new Blackwell AI systems systems.

💰 Sales outlook on steroids:

With the planned deployment, management is targeting annual recurring revenue (ARR) of up to USD 4.4 billion .

⚡ More than just Bitcoin:

The market is increasingly realizing that IREN is the perfect shovel manufacturer for the AI boom thanks to its direct access to high-performance power grid infrastructure.

This is no longer a pure crypto miner.

The fact that star investor Paul Tudor Jones has already increased his stake by 57% in advance was probably just the foretaste. At the moment, the story is simply a complete success.

(For those who haven't noticed: Leopold Aschenbrenner also owns approx. 11.7m. Iren shares. It seems that Iren is no longer a "fucker" as many here claim)

Don

$IREN (+0,62%)
$DELL (-0,17%)
$NVDA (-0,62%)

18 Comentários

Pazzzi@Pazzzi

Madness 👏 This is just the beginning🚀🚀🚀🚀

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Chris@Multibagger

I don't have them on my watchlist, but I do have them in my portfolio.😉😂🚀

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der_Don@der_Don

@Multibagger Me too. How many shares do you have and what is an avg. BuyIn?

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Chris@Multibagger

@der_Don only 30 left. At the moment. However, I always add in small tranches in the event of daily losses of 5% or more. But this is the highest weighting in the portfolio. This is the average purchase price.
But I had already traded them once. At that time I bought 50 shares at €9 and sold them at 500%.

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Soprano@Soprano

Absolutely nobody says that. All of Getquin loves IREN.

I personally see the case, but am not brave enough. You can also make a good argument that IREN will have massive write-offs and carry much more entrepreneurial risk. The "real shovel manufacturers" are much further ahead in terms of value creation and they have already earned the money they want to earn if everything goes wrong in the end.

So they are actually more of a shovel rental company than a shovel manufacturer.

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Tobi@Tobiwankenobi500

@Soprano I agree and am currently looking for exactly these, at the front of the chain

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Soprano@Soprano

@Tobiwankenobi500 Well, actually NVIDIA, TSMC and the suppliers

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Tobi@Tobiwankenobi500

@Soprano would like to go even further

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

@Tobiwankenobi500 everything has long been massively overhyped. It's completely pointless to look for something with a reasonable valuation, you won't find anything. I have picked apart roughly every segment in the supply chain down to the raw material and have not found a single company with a reasonable valuation.🤷🏼‍♂️ The entire chain is overloaded with hype.

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Soprano@Soprano

@Get_Rich_or_Die_Tryin Correct. The pasture was already grazed in 2023. The now juicy fruits are just hanging in there "what can you do with AI" and everyone disagrees on that. I once had the idea that agriculture would become a field of application for AI. Others thought software. But then they came up with the idea that software would supposedly become completely superfluous and sawed up all the companies. Somehow nobody is supposedly benefiting, but there is still endless investment in hardware. At the moment, quantum computers are the latest trend.

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Tobi@Tobiwankenobi500

@Get_Rich_or_Die_Tryin I don't think so - we are happy to connect or it can't be overhyped yet because we are still at the very beginning in a certain area.

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

@Tobiwankenobi500 I'm curious about the range 🤔 Which one is/should it be in your opinion?

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

AI great bets on AI stocks. Now less of a surprise.😅🤷🏼‍♂️ And also has about zero relevance given the short track record of his own fund.

Certainly different for Paul Tudor Jones with 4 decades on the market. But no guarantee either.

Congratulations to everyone, hope it continues like this for you 😁

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der_Don@der_Don

@Get_Rich_or_Die_Tryin Yes, that's true about Leopold. Nevertheless, he's not going to invest €400 million in a company he doesn't believe in. There are hundreds of AI companies out there. There must be a reason why he chose this share. The same applies to P. T. Jones.

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

@der_Don The question is: are both ONLY invested there? Or in significantly more AI stocks with possibly even higher stacks? Unfortunately, the order of magnitude alone does not allow a subjective assessment of how great the trust really is.

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der_Don@der_Don

@Get_Rich_or_Die_Tryin at Leopold it is just under 10% of the portfolio. Jones no plan

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Mario@Mario48

Had 500 shares, sold 200 the day before yesterday for other AI shares - always 1 day too early I'm a fool 😂

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Mr. K@TechNav

Morningstar sees no competitive advantage for IREN (No Moat) warns of massive losses due to the AI pivot and rates the stock as heavily overvalued (2 stars) Time to take profits Maybe...

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