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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 $53.08 as of February 2nd. IREN’s trailing and forward P/E were 34.39 and 55.87 respectively according to Yahoo Finance.

[caption id="attachment_515252" align="aligncenter" width="750"] Copyright: ralwel / 123RF Stock Photo[/caption]

IREN Limited operates in the vertically integrated data center business in Australia and Canada. IREN is uniquely...