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Added to YB: 2026-06-30

Pitch date: 2026-06-27

IREN [bullish]

IREN Limited

-5.59%

current return

Author Info

No bio for this author

Company Info

IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers.

Market Cap

$16.9B

Pitch Price

$48.60

Price Target

N/A

Dividend

N/A

EV/EBITDA

126.54

P/E

86.91

EV/Sales

24.60

Sector

Software

Category

growth

Show full summary:
The 7 bets on where the world is heading over the next decade. - IREN Limited

IREN: Bitcoin miner pivoting to AI compute provider, building data centers to rent out GPU power. Major contracts signed w/ Microsoft & NVIDIA (NVIDIA took a stake). Thesis: insatiable AI demand needs compute suppliers. Risk: massive capex, weak quarters during transition.

Read full article (1 min)