Bull Shark

My last 10x is about to become my next. A year ago, I wrote an analysis on $IREN, pointing out why I believed the stock was severely undervalued at $7,62. I argued that in April 2025, Iren was the best risk/reward stock in the market, with the potential to 10x the fastest. Over the next 6 months, the stock did exactly that and 10x. Since then, it has dropped over 50% from its peak (75-35$). I believe the current pricing of $Iren offers an excellent risk/reward, and I expect the stock to hit $200 during 2027 based on these numbers, assuming a 30 P/E and 50% dilution (409M shares to 614M shares): 1. Annual Revenue (Total ARR = $13.74B) Canada: $1.5B (160MW) (Conservative imo) Horizon 1-4 (300MW) (MSFT): $1.94B (Conservative if VR200 gets installed for H3 and H4) Horizon 5-10 (450MW Air cooled): $4.4B Sweetwater 1 (600MW of 1400MW): $5.9B (Assuming GB300 economics, but will probably be VR200 = higher ARR and CAPEX) 2. Earnings (Total EBT = $4.557B) Canada: $547M Horizon 1-4: $330M Horizon 5-10: $1.68B (25% improvement from MSFT deal) Sweetwater 1: $2.0B (25% improvement from MSFT deal) 3. Net Profit Calculation Pre-tax Profit: $4.557B (EBT) - $138M (SG&A) = $4.419B Taxes: $928M (21% Corp Tax) - $789M (85% Tax Abatement/Loss Realization) = $139M Net Profit: $4.419B - $139M = $4.28B 4. Valuation & Share Price Market Cap: $4.28B x 30 (Conservative P/E with this growth) = $128.4B Share Price: $128.4B / 613.7M (50% fully diluted shares) = $209.22 This is with only 1/3 of their announced power portfolio (1510/4500MW). In 2027, they will have over 6000MW imo. If the company manages to execute, the gains can be massive. I'm long $IREN and believe this wil be my first 100x stock What is your price prediction?

Arkady Volozh, CEO of $NBIS. “Think about Nebius as a fourth hyperscaler. You do not achieve that by acting as a hardware wholesaler. You have to own the whole stack. We build it ourselves. We design our own servers and racks. This allows us to bypass middlemen and capture that margin ourselves. It is not just about hardware savings. Owning the platform allows us to allocate capacity efficiently and build exactly what customers need. That is how we capture enterprise clients. Look at the alternative in the market. Companies lease data center shells. They buy pre-assembled racks. They sacrifice margin at every step. That is not how you operate like a hyperscaler.” Amen to that. (Source: Business Insider)

I happened to own every single top individual stock performer this year: From $AXTI and $AAOI in photonics. To $SNDK and SK Hynix in memory. To Nittobo, Macronix, and Unimicron for Asia Bottlenecks. All triple digit returns in 2 months. Year to Date: 501.38% Just lucky I guess?

MACHI BIG BROTHER HAS $10K LEFT In the last 6 months Machi Big Brother has lost $74 Million - attempting to leverage long ETH since September, when ETH was at $4.7K. He now has $8.5K left in his HL account. It appears that he is almost out of money.