Iris Energy (IREN)
Published 2026-02-05 • by defiweekly
Thesis Summary
Detailed Deep Dive
While there are many in this category I’ll talk about one that is common amongst most investors.
* IREN: Originally from Australia, they pivoted their 100% sustainable Bitcoin business to AI data center play. They currently have 3 GW of power secured which is the equivalent of 3 full scale Nuclear reactors.