Will Amazon consume IREN's capacity?.. The "Smart Money" game before the results

-
In growth markets, there is no smoke without fire.
Yesterday, IREN's stock jumped by 10%, surpassing the $57 level,
Driven by strong leaks about a potential deal with the cloud computing giant AWS (Amazon).
The accuracy of the news and context:
Although the company has not officially announced the "Amazon deal" yet,
All evidence strongly supports this scenario:
Earnings announcement date change:
IREN has moved up its financial results announcement to February 5, 2026,
the same day Amazon announces its results.
In market language, such "scheduling synchronization" is rarely just a coincidence.
-
Overflow Era (Overflow Era):
Major players (Hyperscalers) like Microsoft and Amazon are facing a real bottleneck in data center capacity and energy.
IREN, which owns infrastructure with a capacity of 3 gigawatts and sites ready for liquid cooling, has become the ideal target for these companies.
-
Microsoft's precedent:
Remember that IREN already signed a huge contract with Microsoft worth $9.7 billion at the end of 2025.
Amazon's entry now confirms that IREN has shifted from a "Bitcoin miner" to a "giant AI infrastructure provider."
-
Expected impact on the company:
Revenue stability:
Any agreement with Amazon (AWS) to build capacity of 4-5 gigawatts will mean billions of dollars in steady cash flows for many years,
Reducing the volatility of the company's profits linked to cryptocurrencies.
Stock revaluation:
The stock is currently trading at attractive multiples compared to the expected revenue growth (target of $3.4 billion ARR by the end of 2026).
A deal of this size could push the stock toward $100 levels or more.
Technological sovereignty:
IREN proves it owns "land and energy," the most valuable currency in the age of artificial intelligence.
-
Summary:
We are facing a radical transformation. Today’s bet is not on "Bitcoin price,"
but on who holds the "key" to operate global AI servers.
If the Amazon deal is confirmed on February 5, we will witness a historic moment that redraws the map of the data center sector.
Question for investors:
Do you think the market has already "priced in" the deal with this recent rise,
or will the "real explosion" happen at the official announcement?
Share your insights in the comments,
and follow the special coverage of the February 5 results
$BTC