IREN (IREN)

$IREN The green line is the last defense for the handle https://t.co/9ISTdlyVBh

Bought more IREN today

$IREN $CIFR Wow

Market thoughts - 2 Jul 26 Momentum factor continues to be sold off into an uneasy market. In neos, $IREN, $CIFR currently leads the decline. Memory as the ultimate momentum factor was not spared with $MU cracking below 1000. Reminiscent of the $MU price action post its previous earnings. $META has also walked back some of its prior gains as the market poured cold water over its plan and rationalised out what $META was really doing. For these kinds of positioning unwinds, the move tends be strong and quick. I do not trust my own ability to time the pico bottom. Again, this is why i strongly encourage people to do their own research. Because only then would you have the conviction to bid and to hold onto your positions in the face of an escalating mark to market. Also, while i have used $NEBX - please remember that these instruments are terrible for holding and should only be used for a few days. Otherwise you will get volatility decay. Next, in situations like this. Make sure you have the ability to tank the drawdowns and ride through it. Drawdowns are part and parcel of trading. Positioning unwinds are brutal when they happen but they often gift the best opportunities for exposure. Good luck!

Ok Dan, maybe you shouldn’t have taken the compensation package…lol. I will say, $IREN is what it is because of retail here on FinX, so losing your support base on here is actually a much bigger issue than they probably are anticipating.

My timeline is FILLED with a ton of unhappy $IREN investors 👀

Would be so FinX if last night marked the local bottom for $IREN, simply because everyone and their mother had the exact same herd mentality take on Dan Roberts’ new compensation package. The market has a funny way of punishing consensus right near inflection points.

Since I got into $IREN at $5 pretty amazing to see that the FUD is still the same at $42 You either understand what is being built or you don’t which means you’re essentially short AI infrastructure Good luck with that

$IREN co-founders just got approved for a $1.14 billion pay package. It lands a week after a $50 million a year Warriors jersey patch deal, and four months after a $6 billion ATM that replaced the $1 billion they’d already fully tapped. The optics look like a management team spending someone else’s money. The mechanics say something different. Here’s what the package actually is: Nine million shares each, vesting in tranches through 2030. They have to hold every tranche two years before they can sell a single share. The board locked out any new grants until FY2031. Now the number that matters. Each brother owns about 3.9% of IREN today, 14 million shares. Add the new grant and they’re each sitting on roughly 23 million shares once fully vested. Combined founder ownership pushes toward 12%. That’s the same range Arkady Volozh holds at $NBIS, arguably the most founder‑aligned name in this entire AI infrastructure trade. The Roberts brothers just bought themselves into that same tier. Here’s the part I’m not waving away. This grant is the third major capital and spending decision from this board in four months, after the $6 billion ATM and the Warriors deal. Stack a nine‑figure equity package on aggressive share issuance and a Bay Area sponsorship splash, and you get a leadership team spending like the AI Cloud ramp is already proven, when bitcoin mining still made up the majority of last quarter’s revenue. A $1.14 billion pay packet reads like excess until you notice it’s the same bet Volozh made on Nebius: get paid in shares, get locked in for years, let the buildout do the talking. The Roberts brothers just wagered four years of their own net worth on hitting numbers they haven’t hit yet. I’m still long. But I also want the next earning to show results for the path forward. And based on recent activities and lack of PR I think @danroberts0101 owes retail some clarity. ‑BP Not financial advice.