Mr. M

$SOFI 🚨BREAKING NEWS🚨 Wall Street has priced SOFI at the lowest Price to book valuation of financial services companies (PRICE TO BOOK) $VISA 16.2 $HOOD 7.32 $AXP 6.38 $AFRM 6.11 $OWL 2.59 $JPM 2.27 $PYPL 1.92 $SOFI 1.91 (LAST) ❌ (Q1 2026 Revenue Growth Rate) $SOFI +42% (FIRST) 👀 $AFRM +32% $VISA +17% $HOOD +15% $JPM +13% $AXP +11% $OWL +10% $PYPL +7%

𝐓𝐡𝐫𝐞𝐞 𝐋𝐚𝐲𝐞𝐫𝐬. 𝐎𝐧𝐞 𝐂𝐨𝐦𝐩𝐨𝐮𝐧𝐝𝐢𝐧𝐠 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞. 𝐓𝐡𝐞 𝐈𝐑𝐄𝐍 𝐓𝐡𝐞𝐬𝐢𝐬. There's been a lot happening at IREN recently. Expansion across North America, Europe and Asia-Pacific. The NVIDIA partnership. The Mirantis acquisition. New GPU deployments. New customer discussions. A growing global footprint. Underneath all of it is a fairly simple view of where the world is heading, and a deliberate strategy for how we position IREN within it. That strategy is built on three layers. Together, they compound into a structural advantage that gets harder to replicate every quarter we execute. Layer 1: Physical infrastructure. Power, land, substations, data centers, cooling. The foundation that everything else sits on. Layer 2: Compute infrastructure. The GPUs, servers and networking that go inside those buildings. Deployed at scale. Generating revenue. Building execution track record. Layer 3: Software and operational capability. The orchestration, deployment tooling and enterprise expertise that makes the first two layers work harder for customers, and opens the door to a broader, higher-value market over time. Layers 1 and 2 are where the overwhelming majority of IREN's value is being created today. Layer 3 is where that advantage compounds further over time, but only because Layers 1 and 2 are built, owned and controlled at scale by IREN, not subscale nor contracted from a third party. Think of Amazon. They didn't win e-commerce by building a great website. They won it by controlling the fulfilment infrastructure at a scale nobody else could replicate. The foundation you don't control becomes the ceiling on your business. That is exactly how we think about IREN. The physical infrastructure - the land, the power, the substations, the data centers - is owned and controlled by us. The compute deployed into it generates the revenue and execution track record. And the software, orchestration and enterprise capability we are more methodically building on top is what turns the total product into a vertically integrated AI Cloud platform that compounds over time and deepens into a competitive moat. AI is still early. The bottleneck is increasingly physical. And we have spent eight years building the foundations.

$IREN There's the higher low🎯

$NBIS x $BE SIGN $2.6 BILLION FUEL CELL POWER DEAL Bloom Energy will provide 250 MW of guaranteed capacity and 328 MW of installed capacity for Nebius

Investors see $IREN: 1. Acquire a PR company 2. Put a 300k+ follower FinX influencer on the board of directors to shill their stock 3. Continuously dilute shareholders through ATM offerings Retail: “Take my money”

Very interesting conversation where Jensen Huang and Michael Dell explain how AI is structurally changing the memory industry 💾👇 $NVDA $DELL $MU $HXSCL

$IREN Nice strength into end of day, holding the blue VWAP + volume shelf from March lows, and golden pocket from the last swing low. We did lose the red 20DMA, which I'd like to reclaim quickly similar to what happened at the late April low. Also notice the similarity with the S/R flip on the grey boxes.

JUST IN: Leopold Aschenbrenner just updated his stock portfolio for his Situational Awareness Fund This is every SINGLE STOCK he owned so far the end of Q1 (This does not include options) $878.7M of Bloom Energy $BE $724.4M of Sandisk $SNDK $556.1M of CoreWeave $CRWV $401M of Iren Limited $IREN $389.1M of Core Scientific $CORZ $320M of Applied Digital $APLD $142.2M of Riot Platforms $RIOT $104.5M of Cleanspark $CLSK $62.5M of Solaris sei-network:native $43.9M of T1 Energy $TE $38.8M of Bitfarms $29.8M of Bitdeer $BTDR $26.3M of Power Solutions $PSIX $21M of Corning $GLW $20.9M of WhiteFiber $WYFI $20.2M of $AMD $19.9M of Babcock and Wilcox $BW $18.1M of SharonAI $SHAZ $13.1M of Propetro $PUMP $10.3M of $SMH $8.9M of Intel $INTC $7.6M of Taiwan Semi $TSM $6.4M of Hive Digital $HIVE $6.1M of $ASML $5.9M of Micron $MU

Vix starting to round out a bit here.

$IREN (weekly) — Breaking out, finally! We've talked about the green resistance diagonal that's been put in place by bears for months a lot the last couple of weeks, and the assignment was clear: break out above it and hold. Kudos to the bulls, they managed to do the hard first part. Now all we gotta do is hold. Meaning that if we dip and that dip leads to a retest of the prior resistance, we'll get our confirmation if we've flipped it into support. Do that and we're heading for $70 and $111 in the next move.