🚨 13G Filing $nuai 🚨
Kennedy Capital Management “KCM” is an investment firm serving institutions and high net worth individuals based in St. Louis that has $ billions in AUM
The available shares for shorts to cover continue to shrink as Charlie and Ted recruit new h
No disrespect to @MorganLBrennan@CNBC but a five minute interview unfortunately does not adequately encapsulate the transformation taking place as $iren exits $btc ⛏️
We are in the early innings of a tech revolution and I wish there was less emphasis on a legacy business line
$iren Napkin Math: ROIC 14.7% and Funding Neutral
For starters, h/t @dpa685 for the idea with some of my own updated assumptions.
The initial reaction of fear regarding the $25B-$30B cap ex budget is understandable given the current market cap of $IREN but when you dig deeper
Remember who is bullish and doesn’t lose their shit on a draw down.
My pick is @SCurveCapital
No one think $iren should be $100 today but if you review the call and correspondence between @matthew_sigel and @danroberts0101 than you can see the equity dilution concerns that
As $iren approaches 70+ million shares traded today, all signs point to this day as capitulation.
When we revisit 8/28/26 in a few months people will realize that the cap table took one of its final steps towards becoming predominantly institutional and retail with little