[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![FransBakker9812 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1732263448640413696.png) Frans Bakker [@FransBakker9812](/creator/twitter/FransBakker9812) on x 7143 followers
Created: 2025-07-24 04:53:58 UTC

$IREN Competitor Alert pt2

As I posted earlier today, 5C Group has raised $XXX million to support building out their 2GW roadmap.


After doing some more research, I found a fireside chat between @5CGroupAI's CEO and the CEO of @togethercompute, where they discuss the scarcity of data center capacity in 2025 and 2026.

Now, 2GW is a familiar number, but everything else they say reminds me of @IREN_Ltd as well.

What do you think? Is 5C Group a rival for IREN? Or is their lack of sites in Texas going to become a constraint for them in the long run?

Comment below 👇

![](https://pbs.twimg.com/amplify_video_thumb/1948243338370682880/img/M10xn97zsNjXhYLH.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948245249727627629/c:line.svg)

**Related Topics**
[roadmap](/topic/roadmap)
[$iren](/topic/$iren)

[Post Link](https://x.com/FransBakker9812/status/1948245249727627629)