Marinela Dobreva @marineladobreva: "$IREN holders: With ~72% of its..."

Bulgaria

$IREN (Iris Energy Ltd) holders: With ~72% of its 2.91 GW secured renewable power capacity still untapped, plus a multi-GW development pipeline, IREN is well positioned for massive scaling in AI Cloud services. The company recently closed a $2.3B convertible notes offering to fuel this expansion. Its execution track record speaks for itself: proven delivery across multiple sites, including scaling operating capacity to 810 MW and remaining on track to reach the 50 EH/s mining target by mid-2025. This demonstrates management’s ability to execute large-scale infrastructure projects on schedule. Childress expansions have been accelerated ahead of plan, and the Horizon 1 AI data center is expected to be energized in late 2025 as targeted. The team is highly seasoned, with more than $25B in global energy and infrastructure projects delivered. The current price around ~$40 is painful after November highs near $77, but this is classic infrastructure build-out, often undervalued until revenues begin to ramp. Future growth: The company is targeting $3.4B in AI Cloud annualized run-rate revenue by the end of 2026 through scaling to ~140k GPUs (from ~23k today). This is anchored by a $9.7B five-year Microsoft contract ($1.9–2.0B per year once fully ramped), alongside additional hyperscaler partnerships. A low-cost, renewable-powered platform positions IREN to capture accelerating AI demand. This is an investment, not a trade. 💎 $SPX500 $QQQ (Invesco QQQ) $VOO (Vanguard S&P 500 ETF) $SPY (SPDR S&P 500 ETF) $DJ30