Group 1 - The investor has been involved in Bitcoin since 2018, motivated by the belief in digital transactions and its role as a medium of exchange [1] - The investor focuses on equities in technology, energy, and consumer staples, while also recognizing the potential in emerging markets [1] - The investor has experience as an analyst at Crowdsense, which specializes in identifying events that impact specific assets for investors [1] Group 2 - The investor aims to bridge communication skills with capital market interests by writing for Seeking Alpha [1] - The investor believes in contributing to the investment community by helping others identify value or risks in closely followed assets [1]

Here at PropNotes, I focus on uncovering high-yield investment opportunities for individual investors.With a background in professional prop trading, my goal is to break down complex concepts into clear, actionable insights that help you achieve better returns.Follow me today and take control of your portfolio.Analyst’s Disclosure: I/we have a beneficial long position in the shares of IREN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opi ...

Cantor Fitzgerald significantly expanded its stake in Bitcoin (BTC) mining and AI cloud firm IREN Ltd (Nasdaq: IREN). In a Feb. 17 filing with the U.S. Securities and Exchange Commission (SEC), the financial services firm reported purchasing 3,333,423 additional shares of IREN worth nearly $171.96 million based on average quarterly prices. The move increased the firm’s quarter-end IREN holding by roughly $124.65 million, underscoring Wall Street’s growing interest in AI cloud and virtual asset plays. Fo ...

IREN Ltd (NASDAQ:IREN) is one of the best stocks to buy and hold for the next 6 months. On February 6, analysts at Compass Point reiterated a Buy rating on IREN Ltd (NASDAQ:IREN) and settled on a $105 price target. Iren Limited (IREN) is a Buy Amid Pivot from Bitcoin Mining to Data Centers Source: unsplash The positive stance follows the company expanding its secured power base to 4.5GW of grid-connected power with the addition of 1.6GW from the Oklahoma campus. The company is increasingly advancing dep ...

On February 17, 2026, Cantor Fitzgerald, L. P. disclosed in an SEC filing a buy of IREN (NASDAQ:IREN). What happened According to a filing with the U.S. Securities and Exchange Commission dated February 17, 2026, Cantor Fitzgerald, L. P. acquired 3,333,423 additional shares of IREN. The estimated transaction value is $171.96 million, calculated using the average closing price for the quarter. The quarter-end value of the IREN position increased by $124.65 million, reflecting both new purchases and price ...

Core Insights - IREN exceeded bottom-line estimates for Q2'26 but missed revenue expectations, resulting in a sell-off of shares that have not yet recovered [1] Group 1: Financial Performance - IREN performed well in executing its growth plans despite the revenue miss [1]

Core Insights - IREN is perceived as a narrative stock, primarily associated with AI cloud developments, but lacks immediate validation in its performance [1] Group 1: Company Overview - IREN is often discussed in the context of AI and cloud technology, indicating a speculative interest among investors [1] Group 2: Investment Philosophy - The investment approach emphasizes value investing, focusing on long-term value creation and understanding resilient business models [1] - The analysis includes a disciplined, fundamentals-first methodology, highlighting the importance of identifying mispriced quality companies [1]

Core Insights - IREN Limited is transitioning from a pure-play crypto-mining company to an AI Cloud Service Provider, targeting $3.4 billion in annualized run-rate revenues by the end of 2026, primarily from its AI cloud business [3][19] - Strategy, the world's largest bitcoin treasury company, holds 713,502 bitcoins and achieved a bitcoin yield of 22.8% in 2025, translating to a gain of $8.9 billion [8][20] IREN Limited Overview - IREN reported $2.3 billion of annualized run-rate revenues under contract in Q2 2026, including a significant agreement with Microsoft [3] - The company secured $3.6 billion in GPU financing and received $1.9 billion in customer prepayments from Microsoft, covering approximately 95% of GPU-related capital spending [4] - IREN has over 4.5 gigawatts of secured power, with only 10% needed to reach its $3.4 billion ARR target, leaving substantial capacity for future growth [5] - Total revenues fell 23% in Q2 2026, primarily due to declining Bitcoin mining revenues as the company shifts focus [6][7] Strategy Overview - Strategy's bitcoin yield increased to 22.8% in 2025, supported by over $25 billion raised through equity offerings, which were primarily used to purchase Bitcoin [8][9] - The company continued to buy Bitcoin during price declines, acquiring 32,470 bitcoins for about $3.1 billion in Q4 2025 [10][11] - Strategy maintains controlled leverage with net leverage around 10-13% and a cash reserve of $2.25 billion, covering over 2.5 years of interest and dividend payments [11][12] Comparative Analysis - Earnings estimates for IREN have been revised downward, with a projected EPS of 38 cents for fiscal 2026, while Strategy's EPS estimate has been revised upward to $98.83 [13][15] - Over the past three months, IREN shares have decreased by 13.6%, while Strategy shares have lost 35.3% [16] - Strategy trades at a trailing P/B multiple of 0.87X, significantly lower than IREN's 5.59X, making it more attractive for value-seeking investors [18] Conclusion - IREN's long-term potential lies in its AI cloud services and strong power availability, but it faces short-term revenue pressures due to its shift away from Bitcoin mining [19] - Strategy's growth is driven by increasing Bitcoin holdings and strong capital access, making it a more stable investment option [20]

Core Viewpoint - IREN Limited (NASDAQ:IREN) is recognized as a significant player in the Bitcoin and blockchain sector, with recent analyst ratings reflecting mixed outlooks on its stock price and performance [1][2]. Financial Performance - B. Riley increased its price target for IREN from $74 to $83 while maintaining a Buy rating, despite reporting an adjusted EBITDA of $75.3 million for Q2, which was below expectations [3]. - Cantor Fitzgerald retained an Overweight rating but reduced its price target from $136 to $82, citing a shift from Bitcoin mining to AI computation amid declining hash rates and Bitcoin prices, which has negatively impacted revenue and EBITDA [5]. - Macquarie analyst Paul Golding lowered his price target from $95 to $70 while keeping an Outperform rating [4]. Company Operations - IREN Limited operates as a vertically integrated data center company, utilizing renewable energy to support Bitcoin, AI, and other applications, strategically located in areas rich in renewable resources and fiber connectivity across the U.S. and Canada [6]. - The company has expanded its capacity by adding 1.6 gigawatts through the Sweetwater 1 and 2 projects in Texas and a new campus in Oklahoma, with a goal of achieving $3.4 billion in annualized run-rate revenue by the end of 2026 [3]. Market Position - IREN is listed among the best Bitcoin stocks, indicating its relevance in the cryptocurrency market [2]. - Despite its potential, some analysts suggest that other AI stocks may offer better upside potential with less risk [7].

Core Viewpoint - The individual investor adopts a contrarian investment style, focusing on stocks that have recently experienced sell-offs due to non-recurrent events, particularly when insiders are buying shares at lower prices [1] Investment Strategy - The investment portfolio is split approximately 50%-50% between shares and call options, indicating a balanced approach to risk and potential returns [1] - The investor's timeframe for holding positions typically ranges from 3 to 24 months, suggesting a medium-term investment horizon [1] - Fundamental analysis is employed to assess the health of companies, including their leverage and financial ratios compared to sector and industry averages [1] Stock Selection Criteria - The investor screens thousands of stocks, primarily in the US, looking for those that have undergone recent sell-offs [1] - A professional background check is conducted on each insider who purchased shares after the sell-off, adding a layer of due diligence [1] Technical Analysis - Technical analysis is utilized to optimize entry and exit points, with a focus on support and resistance levels on weekly charts [1] - The use of multicolor lines and trend lines in technical analysis indicates a sophisticated approach to charting and market trends [1]