@danroberts0101 Thanks for the great post Dan. Let’s push very hard to deliver H2,H3, and H4 this year which is a very tough target to achieve. This will be the infliction point for IREN in my opinion. It will prove the business model and set the scene for many years to come.
@danroberts0101 2027 will be really an exciting year where all of this hard work will start paying back in a serious way. For these Bitcoin miners I presume you can sell them for more than what you accounted for and get back some of that 684m as a one time off income during next Q update.
@danroberts0101 I think you guys are doing a great job where it counts most: program management, and finance management. However, it’s best to stop talking in a technical language in these meetings and focus on a simpler language that the market is used to. Really great project management guys!
@TheTechInvest $IREN has delivered 25% of its commitment to $MSFT (1 out of 4 data centers). The remaining commitments will be shortly delivered as can be seen from the progress pictures taken by one of the people following the project. Very soon $IREN will start printing 💰 by the loads…
@danroberts0101 Thank you for the insightful post Dan. As a shareholder, I can definitely see where this is heading. Back in the day at the .com boom I used to own about $2k in AMZN stock which I sold. It would be worth some $500K should I’ve kept them. Not going to repeat the mistake with IREN.
@IREN_Ltd Guys, your product is sold years ahead even before you can make it. No need for marketing or sales teams. Hopefully this acquisition did not cost much…
@TheTechInvest They have so many bells and whistle to minimize any possible dilution. Read the prospectus guys! Anyways let��s wait for the note pricing in the next few days…
@CoreWeave Guys! Why so much debt? If your customers are so desperate for compute, then why not ask them for large prepayments to cover the CAPEX rather than taking additional debt burden?
@SamaHoole You can achieve the same results eating vegetables for 6 years or any other diet as long as you spend 4-5 days at the gym training. Anyone eating just meat for years and sits on the couch will probably not reach 6 years before a major health catastrophe���moderation is everything
@edge_of_power Acquisition is completely out of the question because the company founding documents contain clauses that make it impossible. If I was in IREN management shoes I would focus on delivering the commitments at hand with Microsoft and then use it as leverage during negotiations
@IREN_Ltd@danroberts0101 Congratulations guys, it feels fantastic seeing such an important milestone achieved. Please no further dilutions to our holdings. If you need money just sell the bitcoins which may go to zero one day, or a million dollars who knows and who cares!
@danroberts0101 Deals are easy to make, it’s just a signed paper which can be cancelled at any point of time. The real test is if a company can deliver on the deals which have been already signed. Once the first milestone is met and the GPUs start making money, then the party really begins.
@danroberts0101 Hey Dan. For transformers check out Korean company like Hyundai Heavy Industries we purchased very large transformers from them and they delivered on time!! Don’t just use American or European suppliers, go East…