Markets

Insider Trading

Hedge Funds

Retirement

Opinion

IREN Limited (IREN): A Bull Case Theory 

We came across a bullish thesis on IREN Limited on Investment Ideas by Antonio’s Substack by Antonio Linares. In this article, we will summarize the bulls’ thesis on IREN. IREN Limited's share was trading at $61.83 as of October 16th. IREN’s trailing and forward P/E were 120.56  and 65.36 respectively according to Yahoo Finance.

[caption id="attachment_1039477" align="aligncenter" width="600"] bitcoin mining[/caption]

Iren has demonstrated a major operational and financial milestone as cash from operations has turned positive, signaling that management has...