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Lol. Not out yet
its going to break your heart and burn your wallet..
IREN...GAPPA....THEN BREAK 8 DOLLA
Massive volume
IREN ready to go
IREN this time we break to all time highs
WARNING, that doesn't mean anything : (!!!!
then you have not been paying close attention...sold this, it was a bitcoin play....TALK is a better play long
First stock i see you positive on
IREN 6.28 break sends it
this was easy, an xtra 2k usd in my account, remains on watch, ANT
IREN. Ready to explode and better than CLSK
Day order to sell IREN at $4.80 filled. A humble profit of 55% in 3 weeks. I remain bullish long term. GLTA
HC Wainwright Adjusts Price Target on Iris Energy to $10 From $11, Keeps Buy Rating
8:29 AM ET, 11/22/2023 - MT Newswires
08:29 AM EST, 11/22/2023 (MT Newswires) -- Iris Energy (IREN) has an average rating of buy and price targets ranging from $7.50 to $14, according to analysts polled by Capital IQ.
PS: IREN share price at this time is $3.54 up about 12% Momentum for IREN is strongly bullish. The 14-period Slow Stochastic Oscillator is rising, as investors pay higher prices for shares. Today's volume was heavier than usual, trading 2,341,314 shares, versus an average of 1,137,471 shares per day during the last twelve months. The On Balance Volume indicator (OBV) is bearish. The slope of the indicator is negative and suggests that there is a lack of buying interest.
Iris Energy to Host an Investor Update Call on November 21, 2023
SYDNEY, Australia, (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, or the “Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, announced (on Nov 17th) that it will host an investor update conference call including time for Q&A on Tuesday, November 21, 2023 at 5:00 p.m. USA Eastern Time. The webcast will be recorded, and the replay will accessible shortly after the event at https://investors.irisenergy.co/events-and-presentations.
IREN appears to be consolidating within a longer-term uptrend. The Average Directional Index, or ADX, is below 20, indicating that shares have traded sideways recently. However, the 200-day is still sloping bullishly upwards. Comparative Relative Strength analysis shows that this issue is lagging the S&P 500.
Momentum for IREN is strongly bearish. The 14-period Slow Stochastic oscillator is below 20, the level which many analysts call oversold. This means that investors have been actively selling shares and driving the price lower.
The last 10-days have seen significant volume in IREN, with average daily volume above the average for the last year. Today's volume is no exception; with 893,922 shares having been traded already. The On Balance Volume indicator (OBV) is bearish. The slope of the indicator is negative and suggests that there is a lack of buying interest. As of 12:47 PM ET Monday, 11/20/2023 GLTA
IREN,,,the company’s mining operations are based on,renewable energy.
Its first data center in British Columbia is powered by 98% clean energy. All future projects will have similarly high clean energy power rates.
IREN,,,Iris Energy doesn’t hold Bitcoin on the balance sheet, unlike many other miners. Iris liquidates all of its Bitcoin holdings, thereby producing instant cash flow which can be re-invested into scaling data center infrastructure, improving the hash rate, and ultimately earning more bitcoin.
IREN,,closed at $12.51 today,,Jan.6th,2022
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The company is Iris Energy (IREN).
Iris Energy is an Australian-based bitcoin mining company that is a newcomer to the bitcoin mining world, but which has the potential to turn into an industry powerhouse by 2023.
For context, bitcoin mining companies are firms that acquire and/or build huge data centers, and apply that compute power to solving bitcoin hashing algorithms. For solving those algorithms, these mining companies are rewarded with bitcoin. In short, these companies leverage big computers to solve hard math problems in order to win bitcoin. Their revenue is the value of the bitcoin they mine. Their costs are the costs it takes to mine those bitcoin.
The bitcoin mining industry is very crowded. Iris Energy is a relative newcomer to the industry, with an operational compute power – dubbed “hash-rate” in the industry – of just 0.7 EH/s, good enough for a measly 0.4% share of the bitcoin mining market.
However, Iris Energy has three big things going for it:
First, the company’s mining operations are based on renewable energy. Its first data center in British Columbia is powered by 98% clean energy. All future projects will have similarly high clean energy power rates.
Second, Iris Energy doesn’t hold Bitcoin on the balance sheet, unlike many other miners. Iris liquidates all of its Bitcoin holdings, thereby producing instant cash flow which can be re-invested into scaling data center infrastructure, improving the hash rate, and ultimately earning more bitcoin.
Third, Iris Energy has secured contracts to bring on 15.2 EH/s of miners over the next two years. Therefore, the company’s hash rate will grow by more than 20X into 2023.
Iris Energy went public via an initial public offering in November. The IPO price was $28. The current stock price is $13 and some change. The company is valued at around $800 million, about half of its IPO valuation.
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