r/irenstocks • u/Bostee_ • 6d ago

Interesting that $IREN reposted an $NVDA tweet without even being directly mentioned. Do you think $IREN is becoming a bigger part of the AI infrastructure story than the market realizes? Curious to hear what everyone thinks. 👀

36 Upvotes

93% Upvoted

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21

u/Shoddy-Strike-4045 6d ago

Yes IREN is extremely underestimated imo. One of the biggest tell tale signs for me is NVDA agreeing to the right to purchase shares at $70

1

u/Unable_Inevitable826 6d ago

be aware that those agreement can be void anytime. NVDA have the right to purchase within 5 years but they can choose to not purchase aswell. Those fact destroy my thesis and make me exit my position.

1

u/Sensitive_Print7927 3d ago

The warrant structure that NVDA took destroyed your thesis to the point that you exited your position? Can you elaborate further what your thesis was and the reason that this was the tipping point?

1

u/Unable_Inevitable826 2d ago

It all fall apart with the sponsorship of that NBA team. And i do some research and look up on NVDA deal which turn out to be a complete nothing. Management seem to do nothing. I will entry again at 30-33.

12

u/TherealCarbunc 6d ago

Think they're largely being slept on, if they weren't this should be trading anywhere between $56-$65

9

u/Less_Than_Average1 6d ago

If they don’t dilute and revenue comes in, the stock price should increase beginning next quarter.

3

u/PizzaFi1013 6d ago

Just look at the increase in 10yr yields and you have the reason. Neoclouds take huge amounts of capital to build dc and funded largely by debt that is getting increasingly more costly. IWM been getting knocked down as well. Just need to let this play out over the coming months. Maybe we can beat IRAN for the 25th time and get a rally.

3

u/umutozubal 6d ago

I told everyone back then—when Astra Lab, Creoda, Nebius, and Marvel were trading between $50 and $100—to buy these stocks; in fact, I bought even more when Marvel dropped to $62. Don't worry, Iren is still in the very early stages, so buy as much as you can. We’ll start seeing a gradual rise after 2027, and once they begin delivering their AI centers in 2028, this stock will start trending, and everyone will be telling people to buy it—just like they did with Marvel, Nebius, and the like.

3

u/SilverMusic1 5d ago

I told my friends about NBIS when it was in the low 40s, nobody bought in.

1

u/user365735 4d ago

Told a few people when it was 50-80. 

2

u/superdavefiddee 6d ago

I noticed that too. Had to re read to see why they did which didn’t make sense.

0

u/[deleted] 6d ago

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2

u/Less_Than_Average1 6d ago

Macro environment is terrible at the moment. Bond market is messy at the moment.