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ClassicButcher @vasilist on x 1097 followers
Created: 2025-07-22 18:57:47 UTC
At $4.18B, $IREN trades at 4.2–5.1x ’25 ARR attractive for a renewable-powered Bitcoin mining and AI infrastructure play with ~$150–200M net cash, convertible notes, and a rapidly scaling pipeline.
If IREN hits $1B ARR, driven by #AI #Cloud and Bitcoin mining growth, it could rerate toward 8–10x ARR, implying significant upside.
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Related Topics #ai $1b $150200m coins ai mining bitcoin mining $418b $iren