Markets

Insider Trading

Hedge Funds

Retirement

Opinion

IREN (IREN) vs. CORZ and APLD: Can Its AI Cloud Buildout Turn Contracted Demand Into Profits?

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"] Photo from Oracle website[/caption]

IREN Limited is shifting away from Bitcoin mining and building itself into a cloud computing company for artificial intelligence....