IREN

whodoesntlovedogs

Got 400 IREN at $60 avg. Lord bring it back to $70 or it’s Beyond burgers for Thanksgiving 🙏

united_world_1729

IREN went up in the morning and took a big steamy dump! My portfolios and IREN correlation is 0.98 at this point.

Citizen_of_Danksburg

As of market close today, Monday, November 17th, 2025 wherein the S&P500 closed at 6,672, we’re 3.6% off ATHs (6,920). I would hardly call this a market correction. That’s for like, 8-15% movements downwards. This is just a mild pullback after the S&P500 ripped from an April low of 4,835 to an October high of 6,920. That’s a 43% in the S&P500 in 6 months(!!!!!!!!) Oh no! We’re finally having a red month! Shiver me timbers! Batten down the hatches! The end times are upon us! This is why retail investors tend to be clowned on. Like, stfu. We’re fine. Just let things play out. Just sit tight and accumulate some cash or enjoy the discounted buying spree we have right now. Yes, it is true high beta names like ASTS, OKLO, NBIS, RKLB, IREN, MP, etc., are down quite severely from their ATHs, but that’s the name of the game with stocks like this. Just ride it out. We’ll be fine. Thesis hasn’t changed. Also, you all probably need to learn to manage risk better.

Citizen_of_Danksburg

As of market close today, Monday, November 17th, 2025 wherein the S&P500 closed at 6,672, we’re 3.6% off ATHs (6,920). I would hardly call this a market correction. That’s for like, 8-15% movements downwards. This is just a mild pullback after the S&P500 ripped from an April low of 4,835 to an October high of 6,920. That’s a 43% in the S&P500 in 6 months(!!!!!!!!) Oh no! We’re finally having a red month! Shiver me timbers! Batten down the hatches! The end times are upon us! This is why retail investors tend to be such retards. Like, stfu. We’re fine. Just let things play out. Just sit tight and accumulate some cash or enjoy the discounted buying spree we have right now. Yes, it is true high beta names like ASTS, OKLO, NBIS, RKLB, IREN, MP, etc., are down quite severely from their ATHs, but that’s the name of the game with stocks like this. Just ride it out. We’ll be fine. Thesis hasn’t changed. Also, you all probably need to learn to manage risk better.

Mysterious_Sock_7085

I am in IREN but Nbis still a solid company

AVI_Voice

I need to worry, I believe IREN, ASTS, and Nebius will bounce back next year.

JPM0912

So who do we think recovers fastest: CRWV IREN and NBIS ( I know NBIS was up today but think was was dead cat)

wattap

IREN and NBIS green while the nasdaq is red good news for my port

moderndayvenom

Yea same question coz i thought u had positions in NBIS, IREN, EOSE and now TE. Are u still long on TE in the near future?

BigGreenCandles

Selling IREN Puts

FlightingIrish

NVIDIA, NBIS, IREN, APLD. Some long AMZN calls. All getting smoked the last couple weeks. NVIDIA I have no problem holding long term, but the others are pretty speculative and could get really ugly if NVIDIA earnings don’t go well.

Objective_Dance_859

Well after getting slapped around by IREN for a week in a half, i figured I'd dip my toes in GNS. Absolutely got my booty cheeks blown out.

Aggravating_Lie_9043

I just wanna see all the bulls trapped in META, OKLO, IREN and NBIS

MutaliskGluon

I personally would avoid all of them at these valuations as these companies have taken on ALL the risk with needing to fund the buildout and the money coming back isnt necessarily going to happen. IREN would be the #1 in my opinion and CRWV number a quadrillion. Long IREN short CRWV is probably a pair trade that is borderline free money, but I imagine thats a crowded trade, and at some point there will be profit taking and you will see IREN REALLY dump and CRWV randomly pump

Tigulla_SRT24

sold fuckng TTD for 3K loss after holding for 4 months, using that capital for IREN..Hope that covers my loss in long run.. by the way you can now buys Calls for TTD and puts for IREN [You.re](http://You.re) welcome

Cant_Turn_Right

Fellow tards: NVDA, AMD, MU etc are still close to ATH so the bricks part of AI is OK but the shovel part - IREN, NBIS, OKLO, SMR, BE are taking a beating. Who's going to power and build the physical data centers so that ORCL CDS don't blow out? That is much slower than just have TSMC spray out wafers.

_pout_

Nah. The whole sector swings harder than NVDA because it's the fuel. IREN is up because of bitcoin up and some whispers of MSFT contracts.

Whoopziedaisy

NBIS and IREN being so heavily manipulated. They drop 40% in 3 weeks and then bounce here with no news They r shaking you out 

Dennisis1

No idea, but I’m guessing 115-130 range. CRWV was the darling of many but now they’re catching on to poor fundamentals and it’s lagging. NBIS is on the rebound along with IREN and HIVE (I have some HIVE too) but not CRWV, at least not yet.

Old_Breadfruit1100

Bro what do you mean loss?!? IREN and CIFR you’ve gotta be buying these dips!!!!! THATS GENERATIONAL WEALTH WAITING FOR YOU! YES these names do carry risks (but are safer than a lot of other plays) but they have the potential to 4x - 20x !!!!!!!!!!!!!! Also lowkey are the best plays that have gained actual contracts with hyper scalers so I’d say BUY THIS DIP

Uh-changed_mane

Who gives a foook! Buy IREN LEAPS

_pout_

IREN. They're all beat down, but IREN has its hands in two pots -- AI and crypto farming. They're more inoculated. Depends on how long you want to hold. CRWV is a fickle bitch. I gave up on that shit because it was making me constipated.

Heineken_500ml

Serious question. IREN vs NBIS vs CRWV vs APLD which one is the best

amplaoumplasD

Bought IREN and NBIS last week.. Lets hope that dip was our Chrismas gift bro. And yes they are cheap as long as they execute.

vandammes

I think NBIS and IREN, APLD are fucking cheap now and you deserve to be broke not buying those and these prices. The rocket is gonna lift off this week.

BMotu

Personally I'll buy some and buy more after Nvdia earning, price target for me is NBIS$150 IREN$100 end of 26Q2

Antique-Wishbone-655

NBIS and IREN are at generational buying levels

Ocilla

Good question. I’m curious too. I’ll throw out ONDS, ACHR, IONQ, and IREN. You?

Independent-Egg9086

So CIFR IREN NBIS SMCI COREWEAVE 

ThatFUTGuy

decided to get out of $IREN with my profit before it shits its pants at open, we all know that its catchy knifey time🫠

ThatFUTGuy

pop off $IREN love to see it

DeviantDougy

Fuck I’m in pretty deep on IREN, 100k would be nice

ledaroz

He added Microsoft… you know.. the punk company with the 250b OpenAI contract, 18b nebius and 10b IREN… if ai goes tits up so does msft

Emilio___Molestevez

wife asked if I'm holding $LULU bags. I'm like "no baby that shit's down -50% in a year on terrible news and earnings. my $IREN can sign huge deals, blow out earnings and do -50% in a week"

thalassamikra

All this doom and gloom is getting to me and I need to know what puts I need to full port in - CRWV, NBIS or IREN?

SlfImpr

$NBIS $IREN $CRWV $CIFR A chart of GPU as a Service (GPUaaS) demand for next 10 years - Panic sell all your stonks now 😂😂😂 https://preview.redd.it/gtqdeilgfn1g1.jpeg?width=1290&format=pjpg&auto=webp&s=6e1c93dd45565204006e09aae19567234b2ce663

ThatFUTGuy

do you think families earning under $100k are regarded enough to pump $IREN for me? I’m hoping they aren’t so regarded they buy buttcorn

ThatFUTGuy

i really want to drop my haemorrhaging $VIX calls but with trump giving sloppy toppy to bubba and the AI bubble chat, I feel like this week coming isn’t even a pump for sure. My port is just $VIX calls countering my $IREN gains lol

ThatFUTGuy

https://preview.redd.it/fei73apual1g1.png?width=916&format=png&auto=webp&s=156eed00446e57893731107edbd5dcfe1765d835 me in thailand next month after $IREN makes a comeback 🍻

ThatFUTGuy

MAG7 seem the most attractive (and companies they need to do the work like $IREN and $ORACLE) hyper scalers will succeed with MAG7 backing. But yeah, MAG7 companies have products to sell/services to provide which generate revenue alongside the build out.

BMotu

My port are mostly NBIS and stuff like IREN so you know it's a bloodshed

onDetop

so GOOGL is investing 40 billion into AI infrastructure in texas and everyone is talking about CRWV IREN and NBIS but no mentioning of ORCL? isnt ORCL literally headquartered in texas? and arent they also like the nvidia of AI infrastrusture? no way the stock down 40% and then this news come out also with buffet's position in GOOGL dosen't signal ORCL is gonna go back up

jerk2

Prediction: Nvidia will return to unquestioned leadership in semis as its supposed competitors are revealed to be overhyped and years behind Meta will return to historically high multiples as people once again realize that while they do hate zuck a lot, they love Meta's insane profitability more Google will also return to its historically lower multiples before continuing its long term uptrend CoreWeave, Nebius, Applied Digital, IREN, etc. remind everyone they've got what the rest of the economy needs most

Dumbest_Degenerate

It really depends. Some of them like WULF landed some solid deals. GLXY has a deal For 800mw with CRWV. NBIS is doing a software stack and having deals with other players o fund growth. Then you have someone like IREN who is annoying revenue numbers with terrible margins/ROIs. Stock ripped on the news. It was crazy. I think we’re going to have a bifurcated market of players that have real business models and ones that are rising the AI hype. Hopefully market starts appreciating the former and correcting the latter.

jer_nyc84

Remove IREN with NBIS and ya sold me.

YsDivers

NBIS and IREN valuations are way more fair than EVs be fr lol

Equal-Math-7524

Damn for IREN you even have higher share cost than me I got bk in at 61 which I regretted now

Chemical_Pilot3733

I don’t want lie, but yes, you bought right at the top. From a technical standpoint, the correction has only just begun. For IREN it looks like a double top, which usually comes with a strong pullback. In addition, IREN has broken below the important 50-day SMA support line, which typically triggers a technical sell signal. It has also moved too far out of its trend channel. I expect at least another 10% to 15% downside from here. https://preview.redd.it/8qhzjljath1g1.png?width=3034&format=png&auto=webp&s=c48ce92fd21fa29b4ba31f49e08019b3755e1eb1

donktastic

I agree with clipping Tesla and Oklo. I would be inclined to keep PLTR tho. I would swap out TSLA and OKLO for a data center stock like IREN or CIFR, bonus cause they are currently down big with good future prospects.

IndependentUsual7444

Is IREN low enough to buy now

alleyesonhymn

Why not jump on IREN instead? Who already has the infrastructure and energy needed and with a PE ratio of 24?

kev0795

I brought calls on IREN at $70 for next year OP. Down 50% lol

MagnesiumKitten

Iren, nbis, cifr, Coreweave not **that** popular Iren (Australia) - Financial Services - it's considered a poor stock right now mediocre profitability note that it's only been profitable 1 out of the past ten years - big fat red flag good growth it's got a few severe problems and the valuation is insanely overvalued - 97% of people would have sold it off in the past two months Iren is a $10 stock, currently at $46 dollars 474% overvalued a few weeks ago And a high risk company - most definately and gross margins are declining Not a lot of analysis on it but 12 analysts and some of them are thinking 67% growth in the next year which has happened in the past month **Iren is a bit of a freaky pick like Rolls-Royce,** high-risk and massively overvalued yet people keep driving the price up, but at least Iren has a instant and massive peak where Rolls only seems to move massively when there's like a 10% improvement in growth a third of the time. It doesn't decline, but when it does 3 or more years from now, it'll be news. Iren for the life of me I don't understand the big interest in it, and why some feel it's going to keep going high eventually though with a couple of spikes. fascinating stock though! low-cost renewable energy in Australia and then went from bitcoin mining to AI and datacenters **so weird** Pivot to AI and Cloud Services: The company's transition from the volatile crypto mining sector to the high-demand AI infrastructure market has been the primary driver of investor enthusiasm. Massive AI Contracts: IREN has secured significant, multi-year contracts with major tech companies Acquisition of High-Demand GPUs: IREN has made large purchases of Nvidia and AMD GPUs (Graphics Processing Units), such as the H100s, B200s, and MI350Xs, to build out its AI cloud capacity Strong Investor Sentiment and Analyst Ratings: News of major partnerships, increased revenue projections, and capacity expansions have led to a surge in positive market sentiment, high-volume trading, and numerous price target upgrades from Wall Street analysts, many of whom rate the stock as a "Buy". Hybrid Business Model: The company's unique blend of existing, profitable Bitcoin mining operations (which generate cash to fund AI expansion) and its growing AI Cloud segment offers a unique value proposition and a path to more stable, high-margin revenue streams. it's crazy but it's interesting like some circus freak show, bitcoin meets Data Centers like Coinbase meets NTT Data of Japan

Chrissylumpy21

I got IREN at $72 if that makes you feel better OP

TechTuna1200

I won't speak for whether NBIS or IREN are good investments. But for Reddit, every time I bought dip, it dipped another 10-25% after I bought. Yet, now I sit on 296 shares at a 75 USD cost average on Reddit. Good enough beats perfect every time.

ThatFUTGuy

I’m in IREN too for a lot more than you’ve got here, I ran $26k into it and i’m sat with a loss. Hold it, will come good into December

Mysterious_Sock_7085

IREN is a $300 stock in 2 years and a winner in the long run. I own both NBIS and IREN

Bluesquare9

I guess so. But look at ONDS or IREN — their prices fly when they beat. It’s case-dependent.

aioliravioli

IREN is the poster boy of a bubble company it's comical data center business powering BTC,AI, renewable energy 12b market cap, 400 employees

EddieEdit

600 shares of IREN at $63. I'm def hurtin

Neat_Database6685

I have IREN and BITF options…could have just lit the money on fire….

hellreddit394748

IREN is a lot closer to being a shit co than you think.

alleyesonhymn

Pe of 25 for IREN begs to differ they just made 8x profit margin last earnings.

alleyesonhymn

IREN pe is 25 right now

hellreddit394748

IREN is the biggest paid pump campaign I’ve ever personally seen. Ridiculous valuation for the underlying numbers.

Ancient_Dentist_6422

Please don't out NBIS and IREN in the same boat as a shitco as Oklo with 0 revenue

wattap

I can’t tell you how to invest but I can tell you that I am long IREN shares.

Diligent_Onion_5149

It feels like I made a mistake buying $50 IREN calls expiring next Friday. Should I take a loss on Monday?

wattap

AI DATACENTER BULLS (IREN, NBIS, ORCL, CRWV): cut loose this weekend, crack a beer - drink a coffee at midnight, order a steak on DoorDash. Next week will be stressful. Valhalla or ketchup soup for lunch starting Wednesday

sha1dy

bro IREN is dogshit and will tank, get out

option-trader

Those are shares, not sure how IREN will do, but if NBIS recognizes all that commitment, then current price is cheap.

TocoBellKing

I bought IREN calls at 3:55 today. Praying for us 🤣

ProfessionalOkra29

Never thought $IREN would ever get back to this price, crazy

ihavearoomba

IREN please… https://preview.redd.it/vmpm7uo7ga1g1.jpeg?width=704&format=pjpg&auto=webp&s=f1811d7f0ba81d94ad1661ae50ca53aad968ac6a

bleesclees

Generational IREN buying opportunity

Odd_Palpitation5167

can somebody pls stop IREN and NBIS bro? THIS IS FCK CRAZY

Potential-Plum7187

Guess I’m bagholding IREN now

alderson710

NBIS has nothing to do with CRWV or IREN

Dritzz-9966

NBIS, CRWV, IREN, CIFR; they're all massively overvalued right now. Congrats, you made a little money, it's an AI bubble. Go look at the financials of any of these companies, it's crazy how overvalued it is. Makes me think of the 2021 bubble with the SPACs. Exact same thing. I wouldn't short because the market is irrational, but I'm also never buying any of these companies. Even NVDA is starting to look really overvalued right now. By the way, NBIS (and CRWV even more lol) has extrenely high debt. You are playing a dangerous game. Very high risk involved here, it's not because the stock is down from its ATH that it means it's a firesale.

Dumbest_Degenerate

What people miss is that big tech can afford to do this. AWS, AZURE, Google cloud having pricing power, a sticky user base, and will be able maximize the usefulness of GPUs. The bigger issue IMO is that there’s more competition coming online from new entrants. They saw the cloud margins from hyperscalers and think they’ll be able to achieve that. Some are, to a point, such as NBIS (still discounted va hyper sales) but many are 💩co trying to ride AI wave (IREN for example). And most importantly, NVDA is shortening their GPU refresh cycle, that’s going to increase the depreciation of GPUs. Every single person I brought this up to has brought up the historical case of the v100/a100s and their residual values. Terrible thing to do. It’s backward looking over a period where you had supply constraints from COVID, a massive demand spike from the ChatGPT moment, and etc. We’re not going to get that. Those were one offs, not the norm. Hyperscalers are smart though, when they don’t see the ROI case, they’ll shift their business models. And you’ve already seen it from the players. Google and Amazon have been touting their in house chips (Trainium and TPUs) - that’s going to give a massive boost to the margin profile. MSFT has shifted to outsourcing some of their Data center capacity to CRWV, NBIS, IREN and others. Is some of it because they can’t bring capacity online fast enough? Sure. But I believe it’s a two prong strategy where the ROI is riskier and not as attractive now. It’s also a safety net, if the AI bubble pops, they wont be left holding the bag. Creditors, smaller players, DC holders, etc will be. Look at the incremental demand. What’s a premium right now will be offloaded at massive discounts.

Latter-Trip7630

bro. why was IREN and CRWV green in the morning and NBIS red? the shit is pump and dump only,

JesusBoughtPuts

Haha no, IREN balance sheet risk is different from other data center plays because they used their bitcoin profits to buy their CAPEX. NBIS and CRWV. Took out loans

nolanjp

Why is IREN more green than NBIS ? Isn't NBIS the better of the two..

Still_Surround_4703

Please IREN get back to my cost basis....

Still_Surround_4703

Do you think MM's are driving prices down to load up? Stock price action for IREN, APLD, and NBIS just not making sense...

BaronDavis12

Yes! 15%+ days for AMD, IREN, ASTS, RKLB, OKLO, CLS incoming! 

Bigstonkspender

Buying on the dips on NUAI, IREN, CIFR, last but not least: ALTA COPPER CORP

ThatFUTGuy

i almost bought $7000 in puts at open but then i realised im not that retarded, i’m only semi retarded so bought $IREN 📈

ThatFUTGuy

definitely, $IREN in lock step with SPY and VIX hedging any losses, if it trades flat this will have been a success for me personally

ThatFUTGuy

hedging with vix is heaven, max loss is like $200 and that requires $IREN to overtake it 🤩

ThatFUTGuy

glad i entered $IREN today, perfect timing possibly

DFW_BjornFree

I just want to see $IREN close green today 6 days of straight selling was nasty af, lets not make it 7.  Also $NVDA earnings will make data center stocks go bonkers

ThatFUTGuy

running a small call on vix to hedge my main entry into $IREN was the correct call today, looking like i might actually not be as retarded as i look

ThouOne

NBIS and IREN hold today and they’ll both see $200 and $100 respectively. AMD $270 next week if fears fade away. ORCL? To the shitter no matter what happens lol.

ThatFUTGuy

bought calls on VIX and picked $IREN up at that last bottom, my port is very volatile right now 🐸

kimperial

PUT walls (supportive): CIFR - 13 NBIS - 82 IREN - 42 RDDT - 180 HOOD - 115 RKLB - 39 UUUU - 12 to 13 buy the dip regards!

looool_k_libtard

Institutional ownership in IREN and CIFR is exploding, mega cap tech contracts worth basically their market caps signed, and they’re down 40% or more in a week

NomSaneMan

Who shot IREN?

greenpride32

All you need to do is compare GPU to CPU. INTC and AMD typically release a new generation every 1-3 years. The newer ones are always more powerful than the predecessors. Does MSFT Azure or AMZN AWS refresh every single CPU in their public clouds every 1-3 years? Nope. Just like your laptop or PC at home or work or school, it might not be the latest and greatest after the first year or two, but it still serves it purpose. Same concept with your mobile phone. NVDA GPU generation cadence is about every year now. What's going to happen is those older generation GPU will handle lesser workloads. This could be inferencing or supporting SLM (small language models). SLM is going to be huge for companies who want to train models on their own proprietary data. For example, why would a biotech use a LLM for drug discovery? The answer is obviously they wouldn't and they have their own proprietary data. Take this concept and apply it across any industry/use case. The GPU could also still be used to support frontier LLM's in the cloud. Ultimately a public cloud client is paying a price based on performance/specification. You pay more for bigger and faster storage, you pay more for faster CPU's. Not every company needs or is willing to pay for latest and greatest performance if they don't have the need or can't justify the cost. So no way the useful business/financial value of GPU is only 2-3 years. Burry isn't a tech person, he doesn't understand it. Hypothetically it's a 2 year minimum effort to replace hundreds of thousands of GPU, because you can't shutdown services and disrupt client usage. For those who don't understand the basic accounting concept - if I have a capex spend of $100 in 2025, but that asset has business value for 5 years, I don't have a charge of $100 in 2025. Instead I break that $100 into 5 parts, so it only hits the bottom line by $20 each year (25/26/27/28/29). So Burry is basically trying to say big tech is inflating their profit margin by stretching the expense out. Also note that companies such as CRWV and IREN were formerly crypto miners - that is why they have datacenters and racks full of GPU's. As BTC halving reduced the returns on mining, they repurposed their existing gear to become mini-hyperscalers. They have "dated" GPU's. Did it stop META MSFT OpenAI from signing contracts with them? Nope - because GPU compute is scarce and they need all they can get - prior generation or not.

looool_k_libtard

Yeah - most names have had excellent news lately. They obviously front ran a bit this year but 40-50% in a week is so absurdly overdone. CIFR and IREN announced huge deals and are now significantly lower than the news. Demand is only increasing as big funds start piling in, no surprise they are dragging the sector down for better entries