$1,000 follows their calls into $936
Birk@Bare_BirkAmazing progress from $IREN! Follow the fundamentals and not the stock price, and you will probably outperform🔥
Frans Bakker@FransBakker9812Today I will be educating you with some construction progress at $IREN sites in Texas. Additionally, I will try to explain why the current strategy is the optimal one, and attempt to clarify some misunderstandings around the company and its trajectory.
Birk@Bare_BirkHow higher interest will influence $IREN in my model with 15% interest rates ,and lower $/MW (25m/MW to 20m/MW), and prepayments going down til 30% from 50% on the GPU's (All the🐻arguments): I still see a strong business after all of this, and I believe Iren can manage the
Birk@Bare_BirkIm currently down on my $IREN position with my AVG at $27,68.
Birk@Bare_Birk200 shares of $IREN scooped up under 33$. These are the times when I make alot of money. People are scared because og bad sentiment, while the fundamentals is better then ever. Thank you Mr Market for the cheap shares🔥
Birk@Bare_BirkWhat higher rates will mean for $IREN, other then lower stock price (Bear arguments): 1. Higher cost of capital, and Iren is dependent on alot to fund growth and the DC buildout. 2. Lower margins because of higher debt cost. 3. People are more riskoff = Harder to get access to
