IREN (IREN)

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, here's the part people miss: IREN's percentage declines too. Same mechanic, actually stronger. IREN's grant is a FIXED 18.2M shares. As the share count grows with the buildout, that fixed number shrinks as a slice of the company every single year: ~1% now, ~0.8% next year, ~0.6% after. Automatic. Baked in. No board decision required. And on top of the shrinking math, IREN added the thing nobody else in this space has signed: a written commitment to receive ZERO additional equity to founders until fiscal 2031. So both names shrink. The difference is WHY. CIFR's percentage declines because the board keeps choosing moderation, year after year. A good habit. But a habit that gets re-decided every 12 months. IREN's declines by arithmetic, and its ceiling is sealed by contract. Nothing to re-decide. Nothing to trust. It's just written. Then the other two structural gaps, from the filings: Vesting speed. CIFR's RSUs vest QUARTERLY over three years, no post-vesting holding period. Shares reach the CEO's hands every 90 days, forever. IREN vests annually over four years, plus a TWO-YEAR holding period on top. Six years before a single share can move. And the performance-based lesson, live. In November 2025, a tranche of Page's PSUs vested on a market-cap milestone with the stock at $19.65. By March 2026, the stock printed $12.87 on his own filings. The award didn't un-vest. Not misconduct, just how these structures work: performance pays on the way up and doesn't claw back on the way down. Remember that next time someone tells you IREN should have gone performance-based. Verdict: CIFR is the control group. Proof that this space CAN do comp reasonably, and proof the Hunt calls it fair when it finds it. But a good habit still isn't a sealed commitment. Both percentages shrink. Only one is guaranteed to. IREN remains the only name with the ceiling in writing and a six-year chain to the ship. Do you have any suggestions? Drop it in the comments. The Hunt continues. Next ticker soon. This is not financial advice. Do your own research. I am long $IREN.

I see a lot of bad-faith actors around $IREN. And plenty of honest people simply misinformed BY those bad-faith actors. That's exactly why I'm running this Hunt Series, comparing IREN against names like $NUAI, $SLNH and $HUT, straight from the filings. IREN's comp package is among the best in the sector. The cleanest. The least predatory. Just some bad actors taking the headline out of proportion, taking 5 years of compensation to scare you. Now, some will say: "why not performance-based?" Fine. Let's play that movie forward. Dan and Will set a $70 stock price hurdle, and in exchange take 5% of the company. Then a $100 hurdle, another 5%. And so on, milestone after milestone, until they've carved out the whole thing. That's the HUT model. "But but but, make them set $300!" Sure. They'll set $1,000 just to please you. Come on. In the real world, boards set REACHABLE hurdles. That's the whole game. The exec hits the realistic target, collects 5% in one slice, and then? Then the stock price can go to hell for all they care. They already collected. Look at BITF. Awards that paid out with the stock at $6. Stock at $2 right after. They did everything (X post, etc etc) to get it to $6. Cash their bonus. And who cares about the stock price later. The bonus didn't fall with it. That's the dirty secret of "performance-based": it pays on the way up and doesn't claw back on the way down. Also, without performance, names like NUAI and SLNH hand out ~10% in a single year. Now compare IREN's structure. ~1% per year, for five years. FIXED share count, so it SHRINKS as a percentage every year the company grows. Locked for six years, they can't sell a single share on the way. Nothing more until fiscal 2031, in writing. They don't get paid for touching a price target once. They don't need to care to pump the stock. They get paid for still being there in 2033, with the entire ride, up or down, on their own backs. Is it the perfect package? No. The perfect package is 0%. Sure. Dreaming is free. In the real world, this is about as clean as this sector gets. The filings say so. The Hunt continues. This is not financial advice. Do your own research. I am long $IREN.

Meridian panels have been flipping bearish on $IREN last week, and so far, this has been pretty accurate as the selloff continued this week It's simple Green color and/or stars = bullish Navy color and/or stars = bearish That's all across panels Quick and easy to read Waiting for renewed bullish signals to flash now!

$IREN The green line is the last defense for the handle https://t.co/9ISTdlyVBh