@penny_ether Lol. "Most efficient miner" with their most profitable quarter in history, and they still burned ~$127MM of cash. This isn't a business, it's a science project. $IREN

@perry_lin1 Since when is $IREN a datacenter company? Did I miss the part where they actually signed up a hyperscaler customer? Last we heard about $IREN’s data center ambitions, they lost their contract renting out GPUs to Poolside AI..?

@blondesnmoney Also looks like decent value at ~1x revenue and ~10x Adj. EBITDA.

@Pool2Paulie There’s 4 servers, and all 4 of them are situated in the dev’s basement.

@CryptoDonAlt What crimes were committed?

@akramsrazor If you find this type of mgmt behavior and accounting fuckery fascinating, I would encourage you to look at $DLR. In particular, the statement of cash flows to see how the dividend is funded (hint - it’s not with operating cash flow / EBITDA)..

@kerdoscapital And still negative earnings 🫵🏼😂☠️

@thiccyth0t Do you still consider Hal Press “a top trader in the space”..?

@NicolasFlamelX Few.

@wizardofsoho You were the biggest CHILLGUY shill, you should update us on that chart you rat weasel scamming scumbag

@ThinkingUSD Framework must be down horrific, you really hate to see it.. they needed BERA to print hard to make up for all of those “game-fi” investments!!!

@mikealfred No, because any serious owner of GPUs doesn't want their GPUs next to someone else Bitcoin mining rigs. Rack density, cooling requirements, etc. differ, so idiotic to do so. This also helps to explain why $IREN still can't find an AI / HPC deal, while $CORZ $WULF $GLXY have.. 🤡

@Dezildezzzz And I don’t think Partey or Rice can be dropped, so perhaps Nwaneri LW?

@NeverWrongg He’s been fantastic without scoring or assisting which is rare for him.

@buccocapital Yet Pomp has made investment returns and achieved a net worth you’ll never see in a million years. Makes you wonder.

Brother @jdorman81 you need some actual analysis at Arca, just DM, you have my number bro. $IREN bag holders down horrifically -40% since I tried to warn them below.

@ErikVoorhees @AmirOrmu @AskVenice You defended Dylan LeClair selling his Japanese shitco stock on unsuspecting retail. You’re a fraud, Vorhees.

@profitablejey @Next_Gen7 Lol, aped to dump on followers who tagged the play. Bro really scamming and grifting for a few SOL..

@SouthernValue95 to fill with servers, chips.. That said, is $MSFT indicative of broader market? Said differently, have the other hyperscalers "overbuilt" in near-term? And how is this impacted by hyperscalers' historical and future "build vs. lease" decisions..?