IREN has announced a planned 800MW data center campus in Bundey, South Australia.
This marks IREN’s first announced Australian data center project and one of the largest in the Asia-Pacific region announced to date.
Learn more: https://t.co/3bOYCUG3pk
$IREN first signs of trying to start a new super-cycle uptrend.
A higher-high and higher-low is trying to form.
Let's see if there's follow through within the next few weeks.
Amazing insights from Leopold Aschenbrenner about future AI consumption! 👀
It makes it very clear why he is so heavily invested in IREN.
EXTREMELY BULLISH & LONG on $IREN 🔥🔥🔥
$IREN - the pathway to $1 Trillion is real 🚀🚀🚀
🔥 Anthropic pays SpaceX $1.25B/month for 300MW
🔥 Sweetwater 1 = 1.4 GW
🔥 4.67x scaling = $5.83B per month... $70B ARR
🔥 5yr = $350B revenue
🔥 14x multiple = $1 TRILLION market cap
Even on VERY conservative numbers:
50% utilization, half the rate, pure colo … that’s still $15-25B ARR on Sweetwater 1 alone!!! 👀
But wait, IREN still has a further 3-4 GW of SECURED POWER! 👀
There is STUPID upside in IREN 🔥🔥🔥