🚨 $IREN IS MAKING ME RETHINK $NBIS AS THE TOP NEOCLOUD PLAY. Here’s why $IREN could be better: 🔹 30,000+ acres of land 🔹 5GW+ secured power 🔹 35GW+ development pipeline 🔹 $22M annual revenue per MW on 5-year contracts 🔹 Customers prepay 90% of associated GPU CapEx Owning the land, power and infrastructure while having customers fund 90% of GPU CapEx is a pretty compelling business model. Is $IREN becoming the neocloud leader? 👀
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