Why IREN Is Cheap Now

IREN Limited ( IREN ) was up around 308% in FY25, and FY26 will be even brighter for the stock. I’ll tell you why in a second, but first, let’s take a trip down memory lane. Not only has the stock outperformedI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what I’d like ...