Whodatt88_

#BTC #IREN

[Whodatt88_ @whodatt88]

@shakepay Bitcoin has taught me patience and delayed gratification. We live in a world where we want instant gratification and therefore many do not save.

Shaketag - @whodattt88

[Shakepay — Buy Bitcoin 🇨🇦 @shakepay]

🚨 24-hour contest

Bitcoin has a way of changing how you see money and the world around it.

What’s one thing bitcoin has changed your perspective on? 🤔

To enter:
💙 Like + RT
💬 Reply with your answer
⏰ Ends tomorrow at 12 PM ET

[IREN @IREN_Ltd]

IREN today reported its FY26 results and provided a business update.

Key highlights:

- New multi-year AI Cloud contract with a leading frontier AI lab
- $4bn contracted ARR for 2026 capacity; $1bn operating ARR today
- $2.8bn GPU financing funds 90% of associated GPU capex
- 2026 capacity largely sold out; late-stage discussions over a significant portion of 2027 capacity
- Executing global expansion across >5GW data center pipeline
- Horizon 1 delivered to Microsoft; Horizon 2-4 targeting delivery in Q4 2026
- Acquisitions of Mirantis and Nostrum completed
- NVIDIA Exemplar Cloud status achieved on GB300 NVL72

Management will host a webcast to discuss these updates at 5:00pm ET today, which can be accessed here: https://t.co/debaLzdp5Y

Read more: https://t.co/k1KFAcVVxI

[NVIDIA AI Infrastructure @NVIDIAAIInfra]

Congratulations to @IREN_Ltd on achieving NVIDIA Exemplar Cloud status for its NVIDIA GB300 NVL72 deployment.

This validation reflects close engineering collaboration and gives enterprises confidence that demanding AI workloads can perform reliably at scale on IREN’s AI Cloud.

Learn more ⤵️

[IREN @IREN_Ltd]

Horizon 1: delivered.

IREN has delivered Horizon 1 to Microsoft and achieved NVIDIA Exemplar Cloud status on NVIDIA GB300 NVL72.

Read more: https://t.co/ItVXSXK1V7

[Whodatt88_ @whodatt88]

@BitcoinAIGuy 🚀🚀

[IREN @IREN_Ltd]

Ideas big enough to change the world. Infrastructure built to make them happen.

IREN AI Cloud — What will you build next?

Learn more: https://t.co/P67u9SGbhU

[Golden State Warriors @warriors]

Officially on board @IREN_Ltd

[IREN @IREN_Ltd]

The ultimate competitive advantage is built from the ground up. Thrilled to partner with the Golden State Warriors — and the full Golden State family — as we work together to shape what's next.

[IREN @IREN_Ltd]

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 @IREN_Ltd]

Building the infrastructure stack for the AI era.

@nvidia @danroberts0101 @MichaelDell

[IREN @IREN_Ltd]

$IREN today reported its Q3 FY26 results.

Key highlights:

✔️$3.4bn AI Cloud contract & 5GW strategic partnership with @nvidia
✔️2026 expansion to $3.7bn ARR on track
✔️2027 expansion to 1.2GW of AI Cloud capacity in build
✔️2028+ expansion across 5GW secured power underway
✔️Acquisition of Nostrum adds 490MW in Spain and GW+ development pipeline
✔️Additional development projects in Australia advancing toward connection agreement

Presentation: https://t.co/YInztWtt9F
Read more: https://t.co/jLOO6BPugz

[IREN @IREN_Ltd]

IREN and @nvidia have announced a strategic partnership to accelerate deployment of up to 5GW of next-generation AI infrastructure. The companies have also signed a $3.4bn contract under which $IREN will provide AI infrastructure cloud services for NVIDIA internal AI and research workloads.

https://t.co/MLV0KZuPOA
https://t.co/ql0JNikfJ1

[𝐀𝐠𝐫𝐢𝐩𝐩𝐚 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 @Agrippa_Inv]

3 Imminent $IREN Catalysts

Not many companies have as much going for them right now as $IREN does.

While management has been relatively quiet since the last earnings call, I believe we're standing right before a wave of major, thesis defining announcements.

1) Australia Expansion

Given that Australia is where $IREN was incorporated, one might expect the company to already be operational there. Yet as of today, Australia remains merely the home of its HQ.

That will likely change very soon...

Just a couple of months ago, $IREN announced a sponsorship of the Sydney Swans, a prominent AFL team. As an isolated event, I wouldn't have thought much of it. The company's CEO is an Australian Football coach himself, so it could have simply been management paying homage to the company's roots.

However, this sponsorship was accompanied by a sweeping marketing campaign across Australia.

$IREN has seemingly gone all out on visual ad spend, plastering full trams with the company's logo and tagline across multiple Australian states, while also putting up new billboards outside Sydney's airport and other notables places.

Knowing how cost disciplined management is, I seriously doubt they're burning all this money on nothing. I strongly believe the company is close to unveiling a major expansion into Australia.

Currently, there are rumors that $IREN has at least two new data center sites lined up: one in South Australia, and one in New South Wales.

With how aggressive the regional ad spend has been, I'd expect any new site announcement to be accompanied by large-scale customer contracts.

If I had to speculate on who $IREN's first major customer in Australia might be, I'd wager on Anthropic, who recently announced plans to open an office in Sydney.

2) Sweetwater 1 Energization + Deal

$IREN is likely just days or weeks away from energizing its largest site to date; the massive 1.4 GW Sweetwater 1 campus.

With data center projects across the industry missing delivery timelines, largely due to an inability to secure reliable power, Sweetwater 1 stands out as a true unicorn.

Having this much grid connected power concentrated at a single site is virtually unheard of, and positions Sweetwater as one of the most valuable assets in the sector.

Successful energization will undoubtedly elevate $IREN's standing among operators industry wide, putting its execution capabilities on full display while competitors face severe delays and outright project cancellations.

Management is also aggressively hiring for the Sweetwater campus, including night shift positions, a strong signal that the company is gearing up to develop new data centers at rapid speed around the clock, 24/7.

This tells me we're likely nearing the signing of a new large-scale anchor client deal, possibly with another hyperscaler or frontier AI lab.

My expectation is that the first tranche of the Sweetwater build-out will be designed entirely for liquid-cooled Rubins, with commissioning likely sometime in H1 2027.

3) Childress Expansion

While Sweetwater is currently getting all the attention, we shouldn't overlook $IREN's first Texas campus; the 750 MW large Childress site.

So far, $IREN has contracted 40% of the site's total capacity to Microsoft, 300 MW gross across 4 tranches (Horizon 1 to 4).

That leaves 450 MW still up for grabs.

With management clearly signaling its intention to fully convert the remainder of Childress into an air-cooled AI cloud campus, the runway potential remains enormous.

Over the coming weeks, I'm expecting one of two things: either $IREN announces a new multi-hundred MW cloud contract for Childress, or management lays out a concrete plan to convert the remaining 450 MW into a large-scale cloud hub for multiple enterprise clients.

Either way, the conversion of Childress's remaining capacity is likely to begin very soon.

As with Sweetwater, the company is also actively hiring night shift HSE advisors for Childress construction, once again signaling an intent to scale development rapidly (night shift = 24/7 construction).

On a side note, I'm also expecting the successful delivery of Horizon 1 this quarter to act as a meaningful catalyst for the company's competitive standing in the market.

General Thoughts

While I've covered each of these topics in depth in previous Substack reports, I believe the time has now come for this wave of catalysts to materialize.

It's also worth pointing out that most Wall Street analysts fail to see around the corner when it comes to $IREN's cloud expansion. For the most part, they simply react to what's directly in front of them.

That means $IREN is one of the rare stocks where retail investors can front run institutional capital, getting positioned before the catalysts materialize and before Wall Street prices them in accordingly.

The irony is that over the past few weeks, retail has been doing the exact opposite: panic selling right before what I expect to be a major re-rate of the stock.

Earlier this month I also heard many investors claim that $IREN couldn't move up before new large-scale deals or other catalysts materialized…

That's a very dangerous way to think.

Markets are inherently illogical. Trying to rationalize them is a mistake not only retail investors, but institutional ones too tend to make.

Last year, $IREN's share price increased by over 1,000% from its April lows, purely on the expectation of a deal being close. If you'd waited for the actual announcement, you would have entered around $70…

In any case, with these 3 major catalysts in front of us, I'm very much looking forward to the weeks ahead and especially to the Q1 earnings call.

NFA, but I wouldn't be surprised if the stock cracks $100 in May.

Images S/O: @FransBakker9812, @tempocap2

[IREN @IREN_Ltd]

Vertical integration sets $IREN’s AI Cloud platform apart.

Construction discipline is what makes it possible.

In British Columbia, Texas, and soon Oklahoma, we’re building the future of AI infrastructure end-to-end: from grid-connected power to data centers to compute.

[Mike Alfred @mikealfred]

BREAKING: CANTOR FITZGERALD RAISES IREN PRICE TARGET TO $142

[BitcoinAIGuy @BitcoinAIGuy]

$50 $IREN 🚀🚀🚀🚀🚀

$100 soon

[Whodatt88_ @whodatt88]

@shakepay Early vday flowers for the wife and our 2 year old daughter

Shaketag - whodattt88

#shakepayvalentine

[Pastor Coin @pastorcoin]

Chrystia Freeland urged Canadians not buy bitcoin 2 years ago. It was the literal bottom of $21,000 CAD orv so.

2 years later, she resigns (let's be real, gets fired) and bitcoin has done a staggering 600 percent increase since her remarks, trading for $150,000 CAD.

The woke regime is collapsing. Bitcoin is pumping to the next galaxy. So much winning and still so much winning ahead of us.

CHRIST GETS THE GLORY!

[Whodatt88_ @whodatt88]

@Wealthsimple #WealthsimpleCrypto

#contest