IREN Ltd (Derivatives) (IREN)

$IREN W 🟥
Price action dutifully back-tested the 1.618 Fib and closed inside the Ichimoku cloud suggests it is ready to explore this Fib level further. Indicators curling down with MCDX going dormant pink is not a good sign. We need the 1.618 to support. https://t.co/s63krXuhC4

Short term pain long term gain. It makes sense since $IREN has 4.5 GW secured and currently with 810 MW energized. Will take time to build out to energize the 4.5 GW so why not focus on marketing (for now) .

$RIOT currently has 1.7 GW energized so the focus now is execute, that’s why its stock price is looking favorable in 2026 💎👀

May 7

$IREN's CEO during the earnings call:

“You don’t need a sales team in this market, particularly when you’ve got NVIDIA.”

May 18

$IREN acquires a creative and media agency.

June 25

$IREN signs a multiyear deal with the Golden State Warriors.

🤔