The $IREN ramp up is still in the early innings
The most important points from this post are ⬇️
- Contracted ARR of ~$4B
- Gross Margin of ~87% in AI Cloud
- $20M/MW in Recent AI Contracts
Investors knew that this quarter was going to be ugly, Q4 should look much better
$NVDA just said compute is now revenue
Horizon 1 up and running with H2-H4 to be delivered in the next 6 months, people aren’t ready for the run $IREN is about to have 🤑
$IREN earnings August 27th 🗓️
The announcement of Horizon 1 this early leads me to believe we’ll get something else big announced, I’m hoping we see some growth from AI rev this quarter 👍🏼
Either way I’m incredibly bullish 🚀
I think $IREN earnings suck, however we’ll see the handover of H1 to cover this
Revenue won’t really start flowing until next quarter at the earliest 👍🏼
Still bullish long term 🚀
$IREN has announced it’s formally completed the Mirantis acquisition, a huge derisking event for the company and a pathway to many more customers and deals
A big step forward for the company now I want to see Horizon 1 officially handed over to $MSFT
Things feel like they’re
