Iris Energy Ltd (IREN): Chanos is winning the GPU depreciation...

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Iris Energy Ltd (IREN)

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Re: rosemountbomber post# 265

Thursday, 11/13/2025 11:30:33 AM

Thursday, November 13, 2025 11:30:33 AM

Chanos is winning the GPU depreciation argument for now ...supported by some comments from the MSFT Ceo
AMD Ceo also danced around the question of depreciation recently.
We appear to be testing the recent Oct 22nd low .
I'll be stopped out of part of my position under $49 ...but intend to keep the rest for awhile to see how this plays out.
The recent MSFT deal was not a great deal as far as I could work out ...but as I posted back then ...I consider MSFT to be an " anchor " tenant , giving a lot of credibility to IREN who will fill the remaining space with better paying deals
JMO
Kiwi

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