I heard about it from a few Youtubers in 2024 who follow Bitcoin mining stocks like SebastianOn who was forecasting IREN at 80 when it was in the 10s last year. I was waiting for a big colocation deal and switch to AI after the Core Scientific Deal. That deal never happened but now I know why, it's because IREN is becoming a neo cloud on their own and will compete with Nebius and Coreweave (just compare the market caps) and realize IREN has way more available power at a lower cost plus BTC income. I see IREN rerated at 70+ by December and 100+ in Q1 2026. Will hold calls until then and buy on dips. My positions since September. CIFR is also a similar one but more risky. You can see my full post here:
[https://www.reddit.com/r/wallstreetbets/comments/1kickdz/down\_60\_on\_iren\_25\_strike\_2026\_call\_options\_but/](https://www.reddit.com/r/wallstreetbets/comments/1kickdz/down_60_on_iren_25_strike_2026_call_options_but/)
https://preview.redd.it/ae72bqxe58tf1.png?width=2375&format=png&auto=webp&s=8ff25ce76e08d758b46d57cb7d191657dd066f47
I waited of course but eventually bought IREN at 18, CIFR at 6 and OPEN at 2. I started mirroring him and Eric Jackson's trades after i missed out on his call for Coreweave at 50 in April. While they may not alway be right when they are its usually a 5-10x grand slam.
Show me a better weekly chart than **$IREN** or **$ONDS**
**They haven't had a red candle on the weekly in like 10 fucking weeks**
That's 10 goddamn weeks bro
**$ONDS** is still undervalued, some of their tech is worth more than their marketcap
**$IREN** is also still undervalued
**$CIFR** is primed for a multi-week green candle nut - as soon as they get a deal it's going to $30+
$**OPEN**? that shit needs the convertible notes to do thier business so we get the SEC filing telling us how much float was added
**$QURE**? I don't expect much til they get FDA approval / a deal to manufacture & sell. This being said, they will gap the fuck up on FDA approbal
**$OKLO**? Nah bro they don't even make money yet so I don't touch
**$IONQ**? Bag of shit waiting to short
**$RGTI**? Bag of shit waiting to short
Insert quantom stock name - probably a bag of shit that I will short once trust fund babies realized military drones, data centers, and power are the big play here.
We don't know who will actually win the AI race or what will become of it but we do know they need more compute, they need more data centers, they need more power, they need real estate for these data centers, etc.
Invest in what they need IE: **$IREN $CIFR** and **$FRMI** \- **$OKLO** I think has to come to jesus first. They need a running power plant to be valued like this and most Y combinator startups fail so whose to say OKLO won't shit the bed
Also, not a single dumbfuck in here has been watching **$KTOS** \- the daddy of all military stocks. It's been going absolutely parabolic in the face of a potential WW3 where we all know drones are king