Added to YB: 2026-06-30
Pitch date: 2026-06-27
IREN [bullish]
IREN Limited
-9.22%
current return
Author Info
No bio for this author
Company Info
IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling.
Market Cap
$19.1B
Pitch Price
$48.60
Price Target
N/A
Dividend
N/A
EV/EBITDA
549.60
P/E
-21.84
EV/Sales
29.81
Sector
Software
Category
growth
The 7 bets on where the world is heading over the next decade. - IREN Limited
IREN: Bitcoin miner pivoting to AI compute provider, building data centers to rent out GPU power. Major contracts signed w/ Microsoft & NVIDIA (NVIDIA took a stake). Thesis: insatiable AI demand needs compute suppliers. Risk: massive capex, weak quarters during transition.
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