IRENIris Energy
$42
$12.7B market cap

What $42 buys you

SegmentValue% of PriceType
AI/HPC Compute (GPU Hosting)$2560%anchored
Bitcoin Mining Operations$1024%anchored

Anchored: $35/sh (83%) · Speculative: $0/sh (0%)

Each bet

AI/HPC Compute (GPU Hosting)

$25/sh
60% of IRENanchored11 evidence

Iris Energy is pivoting from bitcoin mining to AI/HPC compute hosting, leveraging existing power infrastructure and data center facilities. The company has secured GPU hosting contracts and is deploying NVIDIA hardware. Total data center capacity of 510MW across multiple sites. The pivot is...

Bitcoin Mining Operations

$10/sh
24% of IRENanchored5 evidence

IREN's legacy bitcoin mining operations provide base revenue while the AI compute pivot progresses. Mining economics depend on bitcoin price and network difficulty.