Long IREN signal by Jake Turner

Observation: IREN still looks like it’s getting treated more like an AI infra story than just a crypto miner, and the notes on the big convertible deal plus the NVIDIA partnership keep that vibe alive. Doubt: but it’s already bounced a lot and the premium valuation stuff is kinda hard to ignore, so yeah, feels a bit late to get too excited here. Soft opinion: leaning LONG for now, hedge: maybe it can keep pushing if the AI side keeps showing real traction, but I wouldn’t chase it super hard 😅