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![ericjackson Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::818071.png) Eric Jackson [@ericjackson](/creator/twitter/ericjackson) on x 66.8K followers
Created: 2025-07-11 05:15:43 UTC

Bitcoin just cleared $117K — up XXX% in the last XX months.

But here’s what everyone is missing 👇

🚨 BTC miners — $IREN and $CIFR — are still priced like it’s $58K.

This is what real dislocation looks like.

We’ve seen this before:

BTC breaks out → miners lag → then explode.

And this time?
$IREN and $CIFR have also been:
• Cutting costs
• Increasing their EH
• Making a massive move into AI/HPC out of their BTC cash flow

The market just hasn’t caught up yet.

I’m long.

Watch closely. 🔎


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1943539678134628666/c:line.svg)

**Related Topics**
[iren](/topic/iren)
[$58k](/topic/$58k)
[$cifr](/topic/$cifr)
[$117k](/topic/$117k)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/ericjackson/status/1943539678134628666)