Damn that is a hell of a snipe!

Not saying $IREN is going to be the next Apple, Tesla or Amazon. What I’m trying to put into perspective is that massive peak-to-trough moves for high growth, capital-intensive businesses in their infancy are extremely common. Winners can look broken and recovery times can vary. But execution and fundamentals always prevail. If $IREN executes, we will all look back on this moment as a great buying opportunity. $IREN was always a 2027 story. Compute comes online and contracts start delivering revenue. This is where patience comes in and you have to level set your investment horizon. Mine is 2030 and always has been. IREN has the makings of a $100B company, it just might take 2-3 years to get there, and that is okay with me. This company keeps getting better, despite the price action. Thesis only changes if the company stops executing. Everything else is noise. NFA.

It will be. IREN is a 2027 story regardless.

Thanks a lot @elonmusk … was going to buy a Tesla, think I’ll pass.

I don’t think IREN would sell out. They are founder led, completely vertical with healthy financing strategy, delivering compute against large contracts, and have built out an impressive management team with extensive background at major Tech firms. They will be one of the neoclouds that survives

Great take. 4th paragraph is why $IREN is so well positioned, and will be here for the longterm

Sorry man, but so far you are off. $IREN $NBIS

Can’t see IREN selling. Maybe a smaller player like $KEEL, $DGXX, etc. that has connected power but really nothing else going for them.

I dont know if i can take another week of it, boss

Would be nice, but highly unlikely.

Please. Enlighten me.

Certainly hope you’re right

Congratulations on a phenomenal entry

Unfortunately there is too much CUD swirling AI, especially neoclouds. No rally until financing clarity and cash flows are tangible.

Short term, comments like this create FUD and selling pressure for Neoclouds and alike. But, this is actually bullish for $IREN. Here’s why: As @danroberts0101 has said all along, now is about execution. Contract headlines won’t move the needle. This is what @elonmusk is saying. Neoclouds that can DELIVER on GPUs, mainly those with grid-secured power, are the ones that will succeed. Has Token usage slowed down? No. Has demand increased with token costs decreasing? Yes. Selling pressure will continue until $IREN can prove it can finance capex effectively (w/o high int debt and dilution) and they can deliver cash flow on GPUs in a timely fashion. Long term, i don’t have doubts. Near term, probably painful.

You are uneducated on this topic

Typical liberal. Always aggressive and attacking others.

Very well said. Essentially, no one will be doing redundant and trivial tasks anymore. I’m already seeing it at work with our internal AI analysis tools. I’m no longer spending time pulling data, organizing, and running computations to understand trends. I’m simply asking my Agent to run an analysis on variables i provide, and the results are incredible. I now have time for more strategic thinking and developing personal relationships. Same thing will happen with personal life. You will be able to spend more time doing the things you enjoy, instead of the mundane.

I’m down an arm and a leg, literally.

Putting salt on the wound rehashing this horrible series of events