So here’s my take on $IREN.
I’ve been a shareholder for just under a year now, and it’s definitely been quite the ride.
My position was 15,000 shares at an average price of $41.12. During this dip, I sold 4,000 shares, and I’m currently holding 11,000.
My reasoning for not selling all of my shares is pretty simple: they have access to a lot of power and compute, and we’re going to need a shit ton of both. That’s it. Keeping it as simple as fucking possible.
I’m not looking at the charts or obsessing over the CEO’s compensation package or the ATM stock sales they’re doing. I’m simply saying they have access to power and compute, and the world is going to need a shit ton more of both.
Maybe I’m wrong. But I can tell you this: all of the negative talking-head bullshit going around Twitter right now is just a bunch of people pretending they know what they’re talking about.
It’s the same people who act like they know what’s happening with the Iran war. They’re not in the war room. They have no fucking idea what’s actually going on between the U.S. and Iran.
It’s the same narrative with $IREN. Nobody has any idea what the conversations look like between IREN and any of the hyperscalers or other potential customers out there.
I also don’t mind the CEO’s compensation package because it has a long-dated vesting schedule. That means the company actually has to perform for management to get paid.
AI is not a bubble, and we’re only going to need more of what IREN is building.
So my advice—and take this with a grain of salt—is to keep it fucking simple. Ignore all of the idiots who act like they know what’s good or bad for the company or what it’s going to look like three to six months from now. The reality is, they don’t know.
My plan is to hold my 11,000 shares, and when the turnaround happens—which I’m almost positive it will— take the money from selling the 4000 shares and buy long dated calls for January or March.
Time will tell if I’m right.
Everyone parrots the 4 year crypto cycle like it’s gospel. But if it’s so predictable, doesn’t that make it self defeating? Markets evolve. Liquidity, not halvings, move prices now. The cycle isn’t destiny anymore… it’s nostalgia.
@jup_mobile@JupiterExchange Lord, if it’s Your will, let me win this prize. If not, give me the strength to keep going. Thank You for all I have. Amen.
Catstanbul brought the Oligarchs together like never before. Many of us met face to face for the first time, shared stories, and strengthened our bonds during a memorable dinner after the event.
Here’s to the power of community and the legacy we’re building. Together, we rise. ⚔️
My first time giving a speech in English in front of an audience—every single supporter made it unforgettable.
I'll keep pushing to improve even more.
Special thanks to my @Mida_DAO and @OligarchNFT family for the incredible support in these last hours! Love you 🧡
🚀 It’s been an amazing year at Definitive 🗓️
We started 2024 as a DeFi yield platform for institutions, but early on we took a strategic bet that this would be the year of onchain trading.
With our experience building crypto trading platforms & infrastructure - used by the likes of BlackRock, Saylor, Elon and large institutions - we pivoted to creating the best way to trade onchain for everyone.
And what we built saw massive growth towards the end of 2024:
Traction
• 10x growth in monthly trading volume since the start of the year
• 5x increase in weekly active users since June
• 30+ institutions (Liquid Funds, OTCs, VCs) actively trading on the platform, with many more onboarding
Product Highlights
• Integrated 8 chains (Solana, Base, Ethereum, Arbitrum & major EVMs), with over 100+ onchain & offchain liquidity sources
• Launched Advanced order types - TWAPs, Limits - features you typically don’t see in DeFi
• Tailored analytics for traders, including PnL, multichain portfolio tracking
• Enabled institutional features such as pre-trade-compliance, role based access control, and post-trade reporting
• Launched the EDGE.EXE points program (7.5B of 10B points distributed)
Crosschain Partnerships
• Solana, Raydium, Jupiter, Marinade, Save
• Base, cbBTC, Coinbase Wallet, Moonwell
• OKX, 0x, Socket, Bungee
• And many more
Finally, a sneak peek of what we’ll be releasing in the first half of 2025:
• New order types - stop loss, take profit
• Revamped mobile experience
• Cross-chain swaps
• Hyperliquid Integration
• DeFi Execution API for 🤖
• And a host of other UX, data, reliability features
Thanks to all of our fans for your support - we're only getting started.
I AM ABOUT TO WALK INTO THE MOST ABUNDANT BALANCED WEALTHY AND SUCCESSFUL PERIOD OF MY LIFE IN THE NEW YEAR OF 2025.
I NATURALLY ATTRACT GOOD FORTUNE, AND I AM WEALTHY IN MORE WAYS THAN ONE. I GIVE MYSELF PERMISSION TO PROSPER, AND I HAVE THE POWER TO BUILD THE LIFE THAT I DESIRE
I AM ABOUT TO WALK INTO THE MOST ABUNDANT BALANCED WEALTHY AND SUCCESSFUL PERIOD OF MY LIFE IN THE NEW YEAR OF 2025
I NATURALLY ATTRACT GOOD FORTUNE, AND I AM WEALTHY IN MORE WAYS THAN ONE. I GIVE MYSELF PERMISSION TO PROSPER, AND I HAVE THE POWER TO BUILD THE LIFE THAT I DESIRE
EDGE.EXE… INITIALIZED ✳️✳️✳️
Definitive Points Program is now LIVE.
Earn points, win USDC, and be eligible for [REDACTED] by trading on Solana & every major EVM. If you’re already trading onchain, why not get rewarded for it?