Added to YB: 2026-02-17
Pitch date: 2026-02-14
IREN [bullish]
IREN Limited
+5.59%
current return
Author Info
No bio for this author
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
$13.6B
Pitch Price
$41.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
73.08
P/E
30.71
EV/Sales
18.75
Sector
Software
Category
N/A
The AI-Data Center Trade: Selling $IREN Puts
IREN (sold puts): Bitcoin miner pivoting to AI cloud infra w/ $3.4B ARR target by end-2026 backed by $9.7B Microsoft contract. $3.6B GPU financing from Goldman/JPM for 140k GPU expansion. MSCI USA inclusion Feb 27 = forced institutional buying. Big trade: sold 36k Feb20'26 $25 puts at $0.13 ($468k premium), betting stock won't drop 41% from $42.78 in 7 days.
Read full article (2 min)