Value Anchor

@AlexisWrem1747 Stop with thr fud

$IREN I’m seeing more and more investors openly questioning IREN’s management and board. Many are now calling for a truly independent, professional board because they’ve lost confidence in the team that approved the massive RSU package. But let’s not forget one thing: the board is founder-controlled. That means Dan and his brother ultimately have significant influence over the decisions being made. In my opinion, that makes it fair to ask whether they are still the right CEOs to represent shareholders’ interests. I welcome everyone who’s finally starting to ask these questions. Back in May, I was already saying it was time for change. I’ve also posted many times that I believe Mike Alfred has become a major red flag for IREN and that his involvement hurts the company’s credibility and professionalism. Shareholders deserve management and a board that put shareholder value first.

@LeadingReport @TopherGotWifi

10 worst states to live in for 2026, per CNBC: 1. Tennessee 2. Texas 3. Indiana 4. Louisiana 5. Georgia 6. Utah 7. Missouri 8. Alabama 9. Oklahoma 10.Arkansas

@chamath @Jason

@Jason I hear Uranus has some fantastic chocolate mousse.

Where can I get the best chocolate mousse in Paris tonight? I need to pair it with a Cuban cigar and some port

RAISE Summit is where AI founders, leaders, and researchers come together to shape what’s next. We were proud to be back this year as the headline sponsor. #RAISE2026

Nick Shirley uncovers an adult day care in Flushing, Queens with 7,000 phantom members. Nick: “This public document says you have 7,899 members.” Employee: “No, we don’t have 7,000 members.” Nick: “So you’re overbilling then? You’re getting paid $1,600 per patient — that’s how you got $12.9 million in 2024.” Employee: “Please leave.” American taxpayer dollars at work.

@CDavidFloyd @neel_epochal Why does anyone care who blocks who?

It’s one thing to block me or other small retail (still not right), but @neel_epochal holds a significant share of $IREN . He’s been nothing but civil and simply asked for an investigation into this type of online conduct. Mike Alfred on the Board is a giant red flag and negative distraction. Time for ch age @danroberts0101

@EWErickson Lazy post. Do better

Trump Accounts are a good idea with a fatal flaw that Congress needs to fix. Unlike normal retirement accounts, you put in money after taxes and when you take money out, it gets taxed. In a normal retirement fund, you put in pre-tax dollars that get taxed at withdrawal or post-tax dollars that don't get taxed at withdrawal. Trump Accounts get funded with post-tax dollars that are then also taxed at withdrawal. Congress needs to fix this.

@CoffeeStocksGuy With every deal the next one increases in value

Have $IREN just lost out on another deal? Now $WULF trumped them.

@Billions777888 Its not online tho lol. These deals take time.

$IREN 🟢I think its a DONE DEAL: ➡️IREN is an Australian company ➡️IREN has the power Anthropic needs ➡️Leopold Aschenbrenner holds 12M shares of IREN in Situational Awareness fund ➡️Leopold's fiancee works as Chief of Staff at Anthropic

@StockSavvyShay Wont be online in time

Leaked Anthropic docs reportedly point to a 1.4GW Australia capacity push worth ~$22B. $IREN is one of the few names with announced gigawatt-scale Australian ambitions, 800MW Bundey campus with its connection agreement already secured and a state government partnership.

The future workforce won’t run on coffee. It’ll run on electricity. Let that sink in!

@NighthawkTradez Its iren

$IREN x Anthropic incoming. Open your eyes.

@mikealfred Sounds like a lot of ppl invested the wrong amount of dollars. Assumed stocks only go up

@BlackPantherCap Maybe some stuff is already locked up and timing for end of quarter made the most sense.

People keep saying the new $IREN pay package needed performance metrics attached to it. I don’t think that happens. They’re not rewriting the contract. This is just how it is now. It’s a time constraint, not a performance one, and the lock-up is already doing that job. 1/ Look at what the lock-up actually means. Nine million shares each, and they don’t see a dollar of it until 2031. That’s the whole trade. They can’t sell, so the only way this grant is worth anything is if the price gets there. Of course it’s in their interest the stock moves. They don’t get paid otherwise. 2/ The size of the grant makes sense too. Lock in a high share count while the price is still depressed instead of waiting until it’s $200 and needing three times the capital, or diluting the cap table harder to get the same ownership. When it does hit $150, they’ll sell some and cash out. That’s expected. That’s what a big grant at a low basis is for. Call the whole thing FUD, because that’s what it is. People don’t have the patience for $IREN. $NBIS is converting signed contracts into delivered revenue right now. $IREN is still mid-buildout, and every capital or comp decision gets read through that lens instead of on its own terms. 3/ The patience gap exists because $NBIS posted $399 million in Q1, up 684%, AI Cloud alone up 841%, and EBITDA already positive. $IREN Q3 came in at $144.8 million against $220 million expected, a 34% miss, because they’re deliberately winding down bitcoin mining to make room for GPUs faster than AI cloud revenue is filling the gap. Nebius is proving the model right now. IREN is still mid-build. The market confirms one model and is waiting for the other, and every capital decision at $IREN gets read through the lens of transition still. 4/ Think back a moment. And compare the whole ‘FUD’ situation to $TE. They fired their CFO right before earnings. That’s a real signal, and the stock got hit for it. $IREN hasn’t done anything like that. No violations, no major red flags, no moves that torch trust. They are STILL building and that perspective is lacking. $TE came back anyway. They dipped from $8 to $4 and ripped back to $12. $IREN will too. 5/ There’s an another thing nobody’s pricing in or considering. Everyone’s fixated on hyperscaler deals because they’re the biggest checks. But concentration in a handful of hyperscalers is its own risk. You sign 4 hyperscaler deals, 2 decide to build in-house and pull away, you’ve lost 50% of your business ‘overnight’. You sign 1-2 hyperscalers and build out 20 deals with other notable companies, and lose 3 of those, you’ve lost 3 out of 22. That’s under 14%. It’s an actual hedge I haven’t seen anyone talk about. 6/ Here’s the one thing I’d still like to see in the future, WHEN the ‘building’ part is done. I want the board to add performance triggers on future grants, not this one. When they actually need to KEEP performance steady. We are STILL building. And there’s a huge difference between building and scaling versus maintaining a business. That hasn’t happened. I’m not panic selling over it, but I’d rather have it than not. 7/ Lastly, I’m not trying to sweet talk anything here. I’ll be the first to admit I’m not satisfied with recent developments. But building a company takes longer than most people’s patience allows. Look at your own job, how many things you worried about that quietly got solved two years later while you’d already moved on to seven new complaints. That’s how the brain and ego works in its finest. It’s not the company. We’re mid-buildout. Some names here fail, some don’t. $IREN sits on 5+ GW, further ahead than 95% of their peers I could name in worse shape. I don’t expect them to be the ones that fail. I’m taking outsized risk here. That’s not something I’d tell anyone else to copy. Added more $IREN yesterday at $38. -BP Not financial advice.

@SylentTrade Bought more

Like this post if you did not sell your $IREN today

@ilzmcfly Weak

Anyone selling $IREN and rotating into sandick and noobius with me?

@bitcoinbutcher1 Selling at the bottom….smh

I sold my $iren this morning premarket and have reallocated to $nuai $wulf $cifr Right now I’m focused on my 4th of July holiday business and will follow up with a space or post to give more detail to those at are concerned with the reasons

@TopherGotWifi @IREN_Ltd They just need to hit the milestones and everyone needs to calm down

@IREN_Ltd 18.2 million RSUs is rich. You ought to address that and provide perspective. Like, really rich. But, on the same hand you guys are crushing it and making Topher a lot of money.

“IREN’s large-scale, grid-connected power portfolio is a key advantage in a market increasingly defined by access to power. I’m looking forward to building on that foundation and helping expand IREN’s global data center footprint.” - Michael Nudelman, Chief Development Officer of IREN

@TheTechInvest Im sure theyll never sign one

Forbes: Buy $IREN

@DollarCostAvg No ones flipping them in power capacity that quickly. Relax