Just heard about IREN again, they say they want to increase processing capacity by 50%. It’s a bit strange, why do they need to add so much? It seems like they’re preparing for something bigger.

Oh yes, I heard that IREN has also started to prepare for going public. So this is kind of a prelude to an open market offering. That makes sense, because before an IPO, companies usually upgrade their infrastructure to appear stronger.

If IREN can really execute this expansion smoothly, it could be a positive signal for investors. But it also depends whether they can maintain quality while increasing capacity. What do you all think, is this bullish or just hype?