Added to YB: 2025-12-01
Pitch date: 2025-11-27
IREN [bullish]
IREN Limited
-19%
current return
Author Info
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Company Info
IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers.
Market Cap
$13.7B
Pitch Price
$49.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
58.92
P/E
24.38
EV/Sales
19.87
Sector
Software
Category
growth
Show full summary:
IREN, AI Infrastructure Champion!
IREN: Crypto miner turned AI datacenter w/ 3GW capacity, 15 J/TH efficiency (vs peers 20+). $9.7B 5yr Microsoft deal ($1.94B upfront) for 200MW bare metal at $9.7M ARR/MW, 85% EBITDA margin. Needs $80-100B capex for full buildout. Strong locations in BC/Texas w/ cheap energy.
Read full article (12 min)