Added to YB: 2025-12-22
Pitch date: 2025-12-19
IREN [neutral]
IREN Limited
-27.75%
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
$42.06
Price Target
N/A
Dividend
N/A
EV/EBITDA
474.89
P/E
-18.57
EV/Sales
25.76
Sector
Software
Category
growth
$IREN near term Catalyst
IREN (update): Near-term catalyst closing ~$3B GPU debt for $MSFT contract. Recent balance sheet restructuring + ~$4B cash + minimal interest obligations positions for ~6% rates vs peers at ~10%. AAA-rated MSFT counterparty strengthens lending case. Expected mid-Jan to early Feb timing.
Read full article (1 min)