Is IREN a good stock to buy? We came across a bullish thesis on IREN Limited on Compounding Your Wealth’s Substack by Sergey. In this article, we will summarize the bulls’ thesis on IREN. IREN Limited's share was trading at $37.93 as of August 6th 2026. IREN’s trailing and forward P/E were 47.82 and 136.99 respectively according to Yahoo Finance.
[caption id="attachment_1737615" align="aligncenter" width="768"]IREN Limited is shifting away from Bitcoin mining and building itself into a cloud computing company for artificial intelligence....
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