$IREN | Bernstein SocGen Group ๐—ฟ๐—ฒ๐—ถ๐˜๐—ฒ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ข๐˜‚๐˜๐—ฝ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ on ๐—œ๐—ฅ๐—˜๐—ก, PT $๐Ÿญ๐Ÿฌ๐Ÿฌ

Analyst sees IRENโ€™s capex-heavy neocloud strategy as smart in a compute-scarce environment with rising compute prices.

$IREN