$IREN trading in the $40s will look like a gift two years from now. Think about what this company is building. A $9.7B Microsoft deal, a $3.4B NVIDIA deal, and new contracts with Perplexity, Cohere and Figure AI. AI Cloud revenue more than DOUBLED QoQ to $70.5M, surpassing Bitcoin mining revenue for the first time. The company has $4B in contracted annualized revenue for its 2026 capacity, with $1B already operating. Horizon 1 has been delivered to Microsoft, with three more deployments targeted for Q4. At $47, I'm not worried about today's red day. I'm thinking about where $IREN could be in 2028. 🤔
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