@mikealfred Yeah it’s totally the market makers and not the lack of leveraging the existing power infrastructure for deals and the grossly overcompensated RSU package.
$IREN is pleased to announce the signing of a $9.7bn AI Cloud contract with @Microsoft
Key details of the transaction:
- $9.7bn AI Cloud contract value
- 5-year average term
- 20% prepayment
- 200MW (IT load) data centers
- NVIDIA GB300 GPU deployments
Refer to the press release and accompanying presentation below for further information
Press Release: https://t.co/3pG9N2HfkF
Presentation: https://t.co/uyysnL9ffS
@mikealfred I exited CELH after getting in when it was in the low 20s… great call. Been DCA’ing IREN and will be sweeping a lot of CELH gains into IREN. You’re the man Mike! Head on a swivel for earnings 🔜🤝🫡