Added to YB: 2026-02-17
Pitch date: 2026-02-14
IREN [bullish]
IREN Limited
-25.88%
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
$41.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
474.89
P/E
-18.57
EV/Sales
25.76
Sector
Software
Category
N/A
The AI-Data Center Trade: Selling $IREN Puts
IREN (sold puts): Bitcoin miner pivoting to AI cloud infra w/ $3.4B ARR target by end-2026 backed by $9.7B Microsoft contract. $3.6B GPU financing from Goldman/JPM for 140k GPU expansion. MSCI USA inclusion Feb 27 = forced institutional buying. Big trade: sold 36k Feb20'26 $25 puts at $0.13 ($468k premium), betting stock won't drop 41% from $42.78 in 7 days.
Read full article (2 min)