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← @stocksavvyshay

$IREN

BULLISH2026-08-24
Price around the call
↑ 2026-08-24
By horizonMaturing · ~10 trading days to go
1d
✗ -6.3%
5d
✗ -12.2%
21d
…
Original post
Shay Boloor · 2026-08-24

Australia's data-center demand is expected to jump 7x to 34 TWh and reach 13% of national electricity use just as nearly 15 GW of coal and gas capacity retires. What’s interesting for $IREN is obviously its AI buildout is still centered in Texas but its Australian roots and legacy footprint create an interesting optionality if those powered sites can eventually follow the same AI playbook.

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