UNREAL

Senior technical semiconductor engineer obsessed with hardware and compute scaling.
Top holdings: $IREN $DGXX $OMER $SLNH $NUAI

[UNREAL @Unreal_Machine]

@StockAnalystPro Thanks for your analysis! Energizing read. Bears take note.

[UNREAL @Unreal_Machine]

Would be surprised if we don’t. MSFT eventually wants all 6GW and Carver thought that SLNH was undervaluing the strength of their positioning.
The expectation is mediocre Colo $/MW but with some assurances from Microsoft and a pipeline progression that will make SLNH a fortune in the long term

[UNREAL @Unreal_Machine]

@MelvinInvests @MilkRoadAI “Signed a new multi year AI cloud contract with a leading frontier AI lab” source = earnings deck

Of course they could sign another massive deal for the Bundey campus since Anthropic is hot for capacity in Australia but to be clear they already signed Anthropic

[UNREAL @Unreal_Machine]

@HyperTechInvest @IdeaLDeFi IREN’s core advantage beyond power assets is its financing structure. Market generally is dumb, sees big capex, thinks “dilution”.
What I expect it’ll do is allow IREN to grow revenue at an incomprehensible rate.

[UNREAL @Unreal_Machine]

Fintwit will be chasing $IREN for the next year after the accumulation phase is over and the face-ripping phase begins.

They will say they sat out the dilution and opportunity cost period of 2026, that they were in NBIS instead, it will be a popular narrative.

But most won’t position with size until 40s and 50s are a fading dream of a position that should have been.

[McFly @ilzmcfly]

$IREN

Unpopular opinion

IREN has some of the most competent management that the peanut gallery fails to understand.

Winners win, Losers lose

[UNREAL @Unreal_Machine]

@ZeekTyt @Agrippa_Inv Bundey 600MW CIT load @ 25M/MW = $15B/yr off AUS alone…
Meanwhile Fintwit is whining that IREN is paying for advertising
This stock is going to rip so hard in the next year

[UNREAL @Unreal_Machine]

@HiCagr Let’s not forget the 800MW Australia campus partnered with Nvidia matches the Anthropic tender request for Australia capacity
Almost certainly going to be Anthropic capacity at Bundey…

[UNREAL @Unreal_Machine]

@EndicottInvests Not too late to enjoy some upside Nate. Hard to see the Anthropic IPO not causing a huge pump.

IREN and NBIS doesn’t have to be binary 😎 I do enjoy both. Actually looking to increase NBIS size post the PLTR announcement

[UNREAL @Unreal_Machine]

@TheBigBerbowski IREN is moving down the customer stack from hyperscaler to mid sized labs towards more niche enterprise to capture higher upside of small/short contracts and needs to increase brand awareness amongst this small and disparate clientele.

Jake Paul, fuckin got me there…

[UNREAL @Unreal_Machine]

I feel the same way. Biggest position I’ve ever sat on.
Especially as Anthropic is about 95% certain
Their IPO is going to PUMP IREN the way SPCX pumped the space companies. I actually think we see ATHs this year and bust thru 100 within 6 months.
Next year my PT has been 165 but if deal economics keep improving and their Eoy ARR comes into focus I think there’s a good chance of cracking 200.

[UNREAL @Unreal_Machine]

@Agrippa_Inv The NVDA 2GW AUS announcement literally mirrors the prior Anthropic tender for AUS capacity news. Same companies are mentioned. So Anthropic seems definitive and are trialing capacity ahead of what looks like a certainty at the Bundey campus.

[UNREAL @Unreal_Machine]

@data168 *the wisdom to see thru the shallow takes
“Endless dilution”
“Can’t sign deals”

[UNREAL @Unreal_Machine]

@growthrapidly $SHAZ
Partnering with $NVDA to bring compute to Anthropic?

[UNREAL @Unreal_Machine]

Hmm? 2+2 =….. 🤔

End customer of Nvidia announcement is Anthropic. Same companies named in Anthropic tender as $NVDA announcement

“Anthropic seeks 1.4GW Australian data centre capacity”

“The AI company has issued a confidential RFP to operators including CDC Data Centres, AirTrunk, NextDC, Iren and Stack, according to AFR’s report.”

“The company is seeking a long-term development partner for a campus of more than 1.4GW, although the requirement could be split across four or five contracts. If that happens, Infratil-owned CDC Data Centres is expected to secure the largest share at around 500MW, AFR reported, citing sources”

$IREN $SHAZ

https://t.co/mh4ED3iyEt

[NVIDIA Newsroom @nvidianewsroom]

NEWS: NVIDIA and Australia’s AI infrastructure ecosystem are expanding land, power and shell capacity to host AI factories, supporting the nation’s growing demand for AI compute.

Built on NVIDIA DSX, these full-stack AI factories provide high-performance AI compute for Australian startups, universities, researchers, enterprises, developers and AI-native companies.

Read the release ⬇️ https://t.co/V7QYPDzS0w

[UNREAL @Unreal_Machine]

@growthrapidly 2026 EOY ARR
IREN 4B
NBIS ~8B

[UNREAL @Unreal_Machine]

@cazenove_uk More $MSFT hires 👀

[UNREAL @Unreal_Machine]

@JohnSmithzava @IREN_Ltd Releasing EOY'27 ARR guidance the way NBIS did before it went on a tear this year.

[UNREAL @Unreal_Machine]

@StockAnalystPro @nvidianewsroom IRENs 500MW compute delivery in 2027 is accounted for mostly by Childress and Sweetwater, not Bundey, so I wonder if this simply means having the campus in construction.

[UNREAL @Unreal_Machine]

@Bearlovesbull Must be taking massive losses

[UNREAL @Unreal_Machine]

Ingredients are simple yet rare. IREN is a rare breed.
1) secured power
2) financing flywheel
3) infrastructure manpower / expertise

No reason why this can’t scale to revenues in the hundreds of billions range. Just needs time. That’s the thesis tho. Scale is bounded by physical constraints which takes time.