IREN Limited (IREN): A Bull Case Theory

We came across a bullish thesis on IREN Limited (IREN) on r/wallstreetbets Subreddit by Gentleman-Dreamer. In this article, we will summarize the bulls’ thesis on IREN. IREN Limited (IREN)'s share was trading at $16.82 as of 3^rd July. IREN’s trailing and forward P/E were 2.15 and 24.05 respectively according to Yahoo Finance.

[caption id="attachment_1228721" align="aligncenter" width="768"] A team of technicians working on a server of bitcoin mining equipment in a data center.[/caption]

IREN Limited (IREN) presents a unique opportunity centered on the monetization of its energy...