Bin L.

Got to be PATIENT with $TSLA and BTC

[Bin L. @l_bin]

@alojohhardcore Amazed by your sense of short market swings, AJ you a cousin of Trump Or what? When you announced 15% Cash, I was like "man, The market is gonna tank soon! " Turns out to be the next day!

[Bin L. @l_bin]

@SPCX100T There is only one problem: who has Elon time to wait for its fruition? 5 yrs, 10 yrs?

[Strategy @Strategy]

Strategy is proposing daily dividends on $STRF, $STRC, $STRK, and $STRD, accruing every calendar day, including weekends and holidays, and paid the next business day, with economics unchanged. The proposed changes aim to support price stability, liquidity, and demand.

[Bin L. @l_bin]

@alojohhardcore O boy am I so GLAD that I hold on to this one!! Cost $918 and I am going long term on MU! Thank you AJ!

[Bin L. @l_bin]

@alojohhardcore @venky981 Appreciate The tip.

[Bin L. @l_bin]

@alojohhardcore After large sale post joining HC, still have meaningful holding. Tax burden is one reason, Also I just need to see what eventually happens to TSLA SPCX merger so I am not liquidting it all for now. The merger will happen, Musk made it clear.

[Bin L. @l_bin]

@Micro2Macr0 @B2Lammy Rest well and take care yourself brother! God bless.

[𝐀𝐠𝐫𝐢𝐩𝐩𝐚 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 @Agrippa_Inv]

$IREN: The Good, The Bad, & The Ugly

We just released our new $IREN deep dive into last week's earnings results.

I've spent the past week going through everything; the call, the deck, the 10-K and the filings around it, and I can say this with full confidence....

I haven't seen a single sell side report or X post that covers these earnings anywhere near as comprehensively as this piece does.

As some of you may already know from my recent post, the biggest takeaway from $IREN's Q2 (FYQ4) earnings was the company's emerging financing flywheel.

$IREN has quietly built a structure of GPU financing, customer prepayments, and soon data center refinancing, all working together to fund the build-out without leaning on the equity market the way the company used to.

This report goes several levels deeper than that post, breaking down $IREN's evolving financing strategy piece by piece and showing why it's turning into a genuine moat that very few competitors can replicate. It fundamentally changes the dilution math this stock has been punished over for years.

I firmly believe this is the most important development since the company committed to building its own cloud, and most investors still haven't fully grasped what it means.

The entire first section covering the financing flywheel is free to read (no paywall). If you're on the fence, start there & get a sense of the depth you can expect from the rest.

The report also covers what genuinely disappointed me this quarter, from the Q4 2027 liquid-cooled timeline and what it says about $IREN's standing with $NVDA, to the soft AI Cloud print, to an IR track record that keeps undercutting one of the strongest stories in the sector.

Throughout it all, I'm reflecting on my broader $IREN thesis at large, so this is as much an assessment of where the company stands today as it is an earnings breakdown.

We also made a dozen custom graphics for this report, because topics like the flywheel are far easier to grasp visually, with supporting imagery, than through text alone.

As always, it's written so that virtually every investor can follow it. Whether you hold $IREN, cover it, or are considering a position, I'm certain you'll derive great value from this one.

Once you've read it, I'd love to hear your feedback in the comments. Thank you very much!

Enjoy! ✌️

https://t.co/hH5ZE40ehS

[Bin L. @l_bin]

@alojohhardcore Er…… But my cost is $363, hold a bit longer? How about 12 months?

[Bin L. @l_bin]

@japan_nobunaga Let me say it out load: Japan, and all developed nations, MUST deport all illegal Muslims. STOP cultural suicide.

[Bin L. @l_bin]

@alojohhardcore Man, you traded So frequently It's a bit hard to follow in time (been traveling). So haven't touched my META allocation yet. Cost $568.

[Bin L. @l_bin]

梦圆#UTMB! Susan一路都在挣扎是否放弃，但以超人的毅力坚持到底并取得了很好的成绩。年龄组第六。她两个月前刚刚跑完百英里赛CC100做训练准备，跑了30多个小时，身体其实很疲惫，对比之下能看出UTMB的难度与残酷。到现在已经有713人退赛，剩457人依然在跑。她的真正神奇之处在于，和去年一样，不管已经跑了多久多累，进城后Susan依然还能拿出5K的速度冲刺。我又错过了终点🏁给她拍照录像！去年是凌晨进咖啡厅买杯咖啡，这次是回酒店取一下Finish line ticket, 然后她就冲过去了…………服。衷心感谢所有帮助与支持她的朋友们！！！

[IREN @IREN_Ltd]

Execution at scale. From Childress and Sweetwater in Texas to Mackenzie, Prince George and Canal Flats in British Columbia.

IREN is building across multiple campuses simultaneously, with development advancing at Kiowa (Oklahoma), Bundey (Australia) and Badajoz (Spain).

Over 4,000 personnel. Millions of work-hours completed to date. Building at speed and scale.

That is the advantage of IREN's vertically integrated model.

[Bin L. @l_bin]

@alojohhardcore Sold half at $229 and rotated into more MU at $911, although I wanted to hold NVDA for much longer.

[Bin L. @l_bin]

@alojohhardcore Beat you this time, I got them same day at $824. 50 haha…AJ Is the GOAT.

[Bin L. @l_bin]

@Micro2Macr0 No worries, best of luck brother!

[Bin L. @l_bin]

@alojohhardcore Curious, did you call for shorting this one before?

[Bin L. @l_bin]

@alojoh Have to disagree with you on this. 10 billion+ FSD miles data must make some difference for edge cases. Let's first wait and see who can implement Alpamayo successfully. OEM automakers are dumb when it comes to software.

[Bin L. @l_bin]

@alojohhardcore Your estimate didn't change Since May 6th?

[Bin L. @l_bin]

A beautiful Sunset wedding at North Fork farm event. GREAT views!