$IREN is a $100 stock. There’s no question about it in my mind. Time to compute is king, and IREN is going to be one of the few companies still bringing new capacity online in 2027. By then, available compute is going to be even harder to secure, which puts IREN in a very strong position. The less capacity there is available, the more valuable IREN’s becomes and the more it can charge for it. I also think the market will start placing a premium on companies that actually have the power and capacity to meet that demand. This is why I believe 2027 is going to be a huge year for IREN.
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