IREN guides $30 billion capex over next 10 months, stock falls 7%
IREN guided to approximately $30 billion in capital expenditure over the next 10 months, funded partly through debt and dilution, and the stock fell about 7% following the earnings call. Short interest was reported at 31.73% and expected to rise further.
Detected & updated continuously · Source: Nebula
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@CK_Cryptoklepto
With CAPEX guidance of $30 billion over the next 10 months, $IREN short interest is likely to go parabolic after this call It's already at 31.73% as per fintel but its not hard to assume that it will be in the 40% or higher range very soon There is a LOT of meat on these bones
@CK_Cryptoklepto
Question for the TA Experts on X What are some lower level price targets for $IREN to target for PUTS with the assumption that IREN will follow through on raising $30 billion in the next 10 months via debt and dilution? Mid $20's? Mid teens? Single digits? Throw some #'s out https://t.co/n6yat9ntF8
@ConsensusGurus
$IREN SINKS 7% AS MEMPHIS GRIZZLIES EMERGE AS FAVORITE FOR IREN SPONSORSHIP
@DrummerCompetitive20
Why is Iren dumping off a triple beat and raise and now a banger call?