Aaron Trevelyan
10-22 07:40

$IREN Ltd(IREN)$ As Elon has hinted, compute prices are going to keep climbing. Every major AI lab and hyperscaler is desperate for electrified power, which is a prerequisite for running AI marathon training sessions. If power is the bottleneck, and IREN has the most power under ownership — some other BTC legacy miners have land or grid connections, but they're nowhere near the AI cloud infrastructure level IREN is at — it doesn't take a genius to figure it out.

The market will always have things outside anyone's control: macro headwinds, two-faced message board bears who will soon flip bullish and act like they've been long all along once they switch from puts to calls, and potential deployment issues. But the facts remain.

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