Added to YB: 2025-12-04
Pitch date: 2025-12-02
IREN [neutral]
IREN Limited
-25.71%
current return
Author Info
No bio for this author
Company Info
IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling.
Market Cap
$16.3B
Pitch Price
$41.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
474.89
P/E
-18.57
EV/Sales
25.76
Sector
Software
Category
growth
IREN cleans balance sheet. Will it stay the course or mix bare metal with REIT?
IREN (update): Refinancing legacy converts eliminates 30% dilution risk (86.4M shares) & cuts $30-37M annual interest costs. New CFO from Macquarie implementing infrastructure playbook for 3GW+ AI data centers at $14-16M/MW. Power scarcity creates bottleneck advantage vs 47GW shortfall 2025-28.
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