JPMorgan models IREN as 2,065 MW business with ~$24B revenue and 65% EBITDA margins by 2030

JPMorgan projects IREN will grow into a 2,065 MW business generating roughly $24B of revenue at 65% EBITDA margins by 2030. The bank models about $13M of revenue per MW by FY30, versus roughly $11M per MW for IREN today.

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