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$IREN Currently my favorite buy option among cloud mining companies right now.
While $NBIS has increased over 180% since the beginning of the year, $IREN is only up by +55%.
The market is still seriously undervaluing one thing:
⟶ Energy.
5GW of contracted capacity for $IREN is a real competitive advantage, and in the AI era, that matters more than almost anything else.
As Jensen $NVDA said:
“There are no bottlenecks like memory or chip manufacturing lasting more than a few years.
The difference is energy.
You can't build an industry without energy. You can't create anything without energy, and those things take a very long time.”
This is the real bottleneck of AI.
Not chips. Not memory.
It's Energy.
$IREN already has it.
That 5GW will be fully utilized.
Just like $AMD finally outperformed $NVDA after a long period of lagging, I believe a similar situation is happening here.
Right now, $IREN is lagging behind $NBIS.
That won't last forever.
Buy the laggard.
Click here to Trade 👇️
{alpha}(560x8fd70ee385f470c8d6fda2d93a4e49c849bac6a6)