中文翻译
$IREN 是个糟糕透顶的多头标的。我想不出有谁会真正关心组合净值增长，还愿意买进一个 60 亿美元 ATM、同时高管又给自己发创纪录高额 SBC 的公司。 人们只是因为“有稳定供电”的承诺才买进去，但这已经不算护城河了，那是去年的事了。
· 个股论点
IREN 是很差的多头
英文原文
$IREN is a horrendous long. I can’t imagine anyone that cares about portfolio appreciation to buy into a $6B ATM while executives award themselves record high SBC. People are just buying in to get diluted because of a promise of secured power (which is no longer a moat, it was last year)