Paul Cain

@MMMTwealth That’s all

$NBIS +8% (last 5 days) $CRWV -0.5% (last 5 days) $IREN -4.8% (last 5 days) That's all.

$IREN is likely going to grow into a $1T plus market cap. It’s a $14B market cap now and still very early innings. Unreal when you zoom out.

Are you watching closely? $IREN has a wave of catalysts stacked up over the next 60 days that could re-rate this stock. Sweetwater 1 energization is weeks away. 1,400MW of grid-connected power in West Texas coming online in April. Once energized, data halls start delivering at roughly 50MW per month. That is a compounding revenue ramp through the rest of 2026. 150,000 GPUs now committed. IREN just signed for 50,000+ NVIDIA B300s, bringing the total fleet to 150k. Phased deployment through H2 2026 targeting $3.7B in AI Cloud ARR by year end. Earnings May 13. First report that should show real traction on the $9.7B Microsoft contract ramp. The street wants to see GPU deployment numbers and ARR trajectory. Daniel Roberts called this the strongest demand environment to date. Horizons 1 through 4 at Childress are ramping through 2026, converting that Microsoft deal from paper to revenue. 200MW of liquid-cooled capacity purpose built for GB300 GPUs. Roberts has said he is negotiating with multiple hyperscalers beyond Microsoft. IREN is using less than 10% of its 4.5GW secured power portfolio on the MSFT deal. A second tenant announcement at Sweetwater would be massive. All of this at a $14B market cap while targeting $3.7B ARR. The valuation gap closes on execution, and April is when execution starts proving out. $IREN

@huliwood @Agrippa_Inv There is no doubt Dan is eyeing the Australian market. he knows it well, and he hinted at it on a few occasions.

@huliwood @Agrippa_Inv Agreed

Spicy speculation: $IREN sponsoring Sydney Swans + Anthropic opening a Sydney office = possible $IREN-Anthropic Australia partnership. @Agrippa_Inv calls it speculation but the logic is hard to ignore.

@chamath Bring @danroberts0101 on @Jason $IREN

Pod will be a banger. All Jensen all the time - from GTC! Up soon…

$IREN x Vera Rubin. Let’s cool 👨‍🍳

$iren the slides from kent’s presentation yesterday at the nvidia conference are available. looks like audio or video will arrive later. slides below. ✌️

$IREN Vertically Integrated Platform: Nvidia Vera Rubin NVL72 OpenAI walked from the Stargate expansion because power delays meant Blackwell GPUs would arrive outdated They plan for 400,000 Rubin GPUs as part of their 10GW deployment Next-gen architecture is the new gold standard To win, you must be able to deliver power, cooling, and vertical integration with speed

$NVDA Vera Rubin is the company’s first 100% liquid cooled system The next generation of AI compute requires a new class of data center infrastructure If you want to run the best chips in the world, your infrastructure has to match

There are still people that think $NBIS is a better investment then $IREN. Here are the facts, $IREN gets lower multiples due to its bitcoin mining. People don't want to invest in something tied to Bitcoin and they assign a lower multiple. The good news is they are unplugging the miners to plug in GPUs. They will soon have very little bitcoin mining revenue and it will be replaced by the more profitable and reliable income from AI compute. So yes you could buy a pure play AI compute datacenter company now, $NBIS, or buy $IREN before it rerates to multiples more inline with what its becoming in 2026. $IREN: ~6.3x cash flow multiple $NBIS: ~22.6x cash flow multiple This puts $IREN at $150 after the rerate on current cash flows. Now add in the guidance cash flows for 2026. We headed for $300 in 2027.

“One of the loudest booths at GTC…bought years of brand exposure” $IREN is making moves at GTC. Congrats to the Marketing team sounds like personalized water bottles were a hit! Congrats @IREN_Ltd

$IREN $NBIS $CRWV $ORCL Another day, another recent high. Now up to $2.47/hr for an H100 GPU. Now up 26% from the lows in November. GPU obsolescence? Pfft! When will the neocloud charts start looking like this one? 👀

Live in two hours! Watch $IREN CCO @kentpdraper on stage at @NVIDIAGTC. Topic: Vertically Integrated AI Cloud: Accelerating AI Development When: Today | 4:00pm PDT Where: Hilton Winchester (L1) Add the session to your schedule here: nvidia.com/gtc/session-ca…

@IREN_Ltd @NVIDIAGTC @theallinpod @Jason @danroberts0101 @nvidia @danroberts0101 how do we watch this? @Jason

Attending @NVIDIAGTC? Don't miss @theallinpod @Jason's interview with $IREN Co-Founder and Co-CEO @danroberts0101. 🗓️When: Today, 1:15pm PDT 📍Where: Expo Hall (between the @nvidia Booth and Automotive area)

@TheTechInvest @theallinpod @danroberts0101 How to watch?

@PCainSt @theallinpod @danroberts0101 x.com/iren_ltd/statu…

🚨BREAKING: @THEALLINPOD TO INTERVIEW @DANROBERTS0101 🔥🔥🔥

🚨 $IREN SWEETWATER TO FEATURE LIQUID COOLED DATA CENTERS Having both air cooled and liquid cooled proves that Dan is playing the Speed > cash flow + Long term value cards strategically.