Iris Energy Ltd (IREN) Options

Great picks up under 8 now as market dipped early in week

I meant minimum 17 next pop witch is this one but overall 27 but can go much higher if bitcoin will do what it will do next year imo.bitcoin weekly chart has been negative over 20 weeks getting closer to turn positive maybe in a week or 3 will see.just like I think MARA this pop can do 50 but next year if bitcoin goes crazy can do 100 as it's all time high from 4 years ago was 84 bucks.

Its going much higher, 10 breaks we talking maybe 20 by EOY

Fundamentals great combined with a Bitcoin price in 70k gets this there

I guess it all depends on the price of Bitcoin unless we see an AI deal. IREN definitely has a lot of potential on both the mining and AI side. I really like their strategy of raising their exahash/s and at the same time building out and extending their data center capabilities.

Short term past 9 but I think we might go over 9 and retrace again to 6-7 next few weeks but first let's get threw the 18 of this month.my first long term target is 18 little higher then last highs then will see .

I’m guessing you mean getting past 8 next week and not 18.

I would say over 9 last pop highs, I see 17-30 if Bitcoin breaks out in December still to early let's get by the 18 next week so will have a better picture in a few weeks.

It's about to head up over 10

Moving up

Gifts down here under 7

Iren yep waiting on 5+

IREN SUB 7 CLSK SUB 9

THESE "SHOULD' BE GOOD IF TRUMPSTER GETS ELECTED

Yeah I was fully loaded looking to add again soon as we have a gap from today .

$IREN reported FY24 results

- Record Adj. EBITDA of $54.7m
- Record mining rev. of $184.1m (4,191 Bitcoin mined)
- AI Cloud Services rev. of $3.1m
- $404.6m cash, no debt
- 15 EH/s installed; on track for 30 EH/s in 2024
- 10.5 EH/s S21 XP miners secured
- 816 NVIDIA H100 GPUs— IREN (@IREN_Ltd) August 29, 2024

BS short report by culper got this down to 10.20 or so, recovered nicely. 'Investigations' by law firms appearing, as usual, to continue to suppress the stock. I don't think the intended effect will last as long as they mean it to.

One good thing, Iren management will get serious about meeting HPC goals. Major announcement from IREN and JP Morgan today. Long term gold. Anything around 10 bucks is a serious buy. Keeping an eye on Mt. Gox.

The next move is coming up. Road to $23

Holding since 4.40 I follow Mile Alfred one of Iris board members if and when bitcoin turns around Iris could move substantially higher holding very strong in a volatile crypto exposure market.

Buying vertical calls this week for Mid November.

$IREN

Good Call ….i didnt listen

Made my first call on this when it was 3.89 on Feb 9.

When do we hit $27? August or November+-?.

over ten dollars.
congrats to everyone who invested here over the last months.

Outshining every miner today. I see 40 dollars at the top of the bull run.

Wake me up at $10 ,kick me out of bed at $17 in January+- hopefully.

A monster in the making.

New uptrend day 1

Nice CC and great day today

I think we see a move back to 70K soonish

Statistically September but first we need to get through the ah q witch won't have effect long term this year end of year imo if it's bad.also I put in low bids just in case.now if bitcoin can break 65200+- range and hold that will be a Great sign above 50dma as the daily chart looking good the weekly still correcting itself.

I think it could start running this summer

June - July Bitcoin back in 70k area testing highs

My thoughts

I have about 8000 had much more but I also trade it.we got earnings today ah last time it fell hard cause of the misstype but I also trade it almost daily and I think that the Bitcoin run worse scenario run will start in September or October,I trade mara and clsk and looking to add lower as well as I hold a bunch if they go there .IREN hope we don't go back to $3.5 tell August but if so will be adding a bunch.

GL

I continue accumulate for long position

Agree probably see minimum $11 highs this bull run imo.

Long term we got a winner here , great picks up when we did
Will watch 5 area now for adds

4s were and now 5s right above 200 ma is a great place for entries

Still an echo chamber. IREN has already joined the top five imo.
Undervalued.

As predicted, but sooner. ATM has ended, 20 e/h fully funded, and reporting quarterly from now on.
Up 20% on a very red day for bitcoin and most miners.
Watch this one. If bitcoin dives, I scale in with more buys.

No one here, but anyway. IREN just increased an existing ATM, which is why it's dipped hard. Going for 20 e/h by 2025. AI infrastructure in place and earning revenue. Dirt cheap energy. Hardcore management.
If it continues to dip for the next week/s, an absolute buy, imo. Or now, as a hold.
In 6 months, this will be one of the top five miners.

they report once every 6 months, which is going to hold them back. When over half their business comes from the US, they'll have to report every 3 months. Like BITF, this one will be slower than the present 'star miners,' until it isn't.
Buying low.

I hope for 4.1 all the gaps will fill .been in this rodeo for over a year know this ticket well but if Bitcoin can hold 52000 then we see 53800 but either way I think we see 10+- by July(I'm a day trader but I'm going long as well on some crypto tickers because I'm traveling in Asia but still trade even traded this one twice Friday but hold a chunk $3.9 avg.

The Dilution might knock it down to 5s first

Agree first we will break year high $9.50+- that in the worse scenario imo will happen in April but can happen next week but keeping in mind the 2 gaps on the chart.

100% agreed. As I expected, EPS was a misprint: it is -7.2 cents per share. This is a 25 dollar stock all the way.

I was a sleep wish I had my bids in Bitcoin now over 52000 hope it holds next few days then 53800 next test,red day is good consolidation but I think we hit $10 witch the question is next 2 weeks or we dip down then run hard in April.

Yeah, today was weird.
I'm guessing the 7.20 dollars per share loss (!) was a misprint for 7.2 cents. A loss of 470 odd million dollars makes no sense. But maybe not. If it drops tomorrow, I buy.
COIN made up for a good bit of it.

I was up %110 still got a chunk.

Up 21% since my post, last night.

Might dip after earnings on 15th. But a monster in the making.

Well, IREN made a move north since my last post...
This is one of the future greats. Kind of under the radar right now.

A major player post-halving.

All for u..

GREAT CALL