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Is IREN Limited (IREN) A Good Stock To Buy Now?

Is IREN a good stock to buy? We came across a bullish thesis on IREN Limited on TopSecretStocks’s Substack by Simon. In this article, we will summarize the bulls’ thesis on IREN. IREN Limited's share was trading at $ 40.13 as of March 5th. IREN’s trailing and forward P/E were 30.44 and 62.50 respectively according to Yahoo Finance.

IREN Limited operates in the vertically integrated data center business in Australia and Canada. IREN has reached a pivotal moment, transforming from a Bitcoin mining operator into a cornerstone of global AI infrastructure.

The company’s $9.7...