IREN (IREN)

Classic marketing $IREN - Oh, $NBIS too. https://t.co/Q5XWC82Chh

Taking a deep dive into the $IREN daily chart on and the technical setup is looking incredibly precise right now. The bears have had their fun, but the structural foundations are hinting that a massive shift could be just around the corner. > A clear falling wedge pattern acted as the original breakout catalyst to kickstart the macro bullish sequence. > The deep retracement invalidates a standard Wave 4 impulse, making a major ABC corrective structure the highly probable scenario. > The current price down at 38.82 aligns perfectly with macro trendline support and the key 38.2% Fibonacci retracement level. > The daily Relative Strength Index has plummeted down to 30.58, indicating deeply oversold conditions and potential seller exhaustion at this key junction. > Holding this structural support pivot sets the stage for the next macro cycle, targeting the 161.8% extension level up near 102.37. > Institutional Ownership still growing and accumulating. The chart structure on shows a textbook alignment of wave counts, Fibonacci levels, and oversold momentum signals. Keep a very close eye on how the price handles this current accumulation zone. -BP Please note, as always this is not financial advice.

The $IREN Hunt #5: $WULF. The series continues. Last hunt: $CIFR, the control group, proof this space CAN do comp reasonably. Today we go back to the dark side, because WULF's story isn't in the comp table at all. TeraWulf. And the most creative founder-equity structure I've found: the money doesn't flow through compensation. It flows through the land. Flavor one, the visible one: comp. Per the proxy... ➟ CEO Paul Prager took 2.5M RSUs in the 2025 round. ➟ CSO Kerri Langlais 1.5M, the COO a comparable award. ➟ Prager's 2025 total comp: ~$39.4M. Roughly 1.5% of the company for the founding trio. Aggressive, but survivable. If that were the whole story, WULF might pass like CIFR did. It's not the whole story. Flavor two, the one most retail never reads: related-party land deals. October 2024: TeraWulf paid 20 million shares plus $12M cash to Riesling Power LLC, an entity controlled by its own CEO, to terminate and renegotiate the Lake Mariner ground lease. Straight from the 8-K. August 2025: Tera

“Support” https://t.co/ijB1eYGCB7

I’ve traded $iren for almost a year perfectly , maybe a little luck too - I’m buying again down here https://t.co/0S8bX1FnRd

$IREN retesting the demand zone Resistance line and the weekly cloud should act as support here at $38.82 Bitcoin miner that also serve as a high-performance AI infrastructure provider #IREN https://t.co/PQW56gUjqD

$IREN #IREN Hard to see this happening, but it is one option. https://t.co/suQsSEfarx

This is the most interesting $IREN theory I've read all week, and it's exactly what I said in my sequencing post: bad news first, good news after. Follow Frans's logic. It's sharper than it first looks. If you're planning to upgrade the board in 2027-2028, the sequencing almost writes itself. You pass the founder package FIRST, with the board that will approve it. Then you replace that board with a heavyweight, independent, cloud-and-AI-credentialed one, and the optics flip completely: The guys who voted for the grant are gone, the founders are secured and locked, and the new board exists precisely to keep them in check. It's the same playbook I just said. You don't drop the comp package at $100 alongside a deal, you drop it at the bottom, eat the hate for a week, and then let the good news arrive clean. Frans is just extending the sequence one step further: after the deals come the governance upgrades. The stick, then the carrot, then the crown. Institutions would love it. The grant is already baked into every model, it's a known, sealed number until FY2031. What isn't priced is a board built for a hyperscaler. That's pure upside on the governance line. And notice how this answers the two loudest criticisms at once. "Why now, why not with a deal?" Because you don't pass a founder package through a NEW board. You pass it through the old one, then upgrade. Bad news first, good news after. Sequencing, again. "The board has no cloud/AI experience" Correct, and the fair critics have been saying it for weeks. Which is exactly why a refresh would land so well: it's the one move that converts the sector's most-cited IREN weakness into a headline strength. The founders end up financially set for generations, chained to the ship until 2033, and answering to a harder, more qualified board than the one that paid them. Honestly? That's not a governance scandal. That's a governance ladder. To be clear, as Frans says himself: this is a theory. But if you want to be a hyperscaler, with the corporate machine and the brand to match, a matching board isn't optional. It's on the agenda somewhere. Watch the board seats. That's the tell now. Do your own research. This is not financial advice. I am long $IREN.

The $IREN Hunt #4: $CIFR. This chapter is different. And that difference is the point. The Hunt isn't a hit-piece series. It's an audit. And an audit that only ever finds villains isn't an audit, it's a script. So today: the peer that mostly passes. Cipher Mining. Bitcoin miner turned AI datacenter play, AWS and Fluidstack/Google leases, ~3.2 GW pipeline. The numbers, from the filings. CEO Tyler Page received: ~1.6% of the company in 2024 (a front-loaded year), ~0.75% in 2025. ~0.75% projected (more or less) for 2026. The full exec team: roughly 2.7%, then ~1.3%, stabilizing around ~1.3% a year, with Page consistently taking just under 60% of the exec pool. Credit where due. The Hunt is honest or it's nothing: ➟ The percentages DECLINE every year. ➟ Independent chair. ➟ Clawback policy. ➟ Anti-hedging. ➟ PSUs tied to market-cap hurdles. ➟ Moderate sizes, orthodox split. Of everything I've hunted so far, this is by far the most disciplined structure. NUAI and SLNH should take notes. Now, h