IREN's Meteoric Rally Calls for a Diversified Approach

Core Viewpoint - Iris Energy Ltd. (IREN) is a bitcoin mining and AI cloud computing company that has experienced significant performance growth, particularly in recent weeks [1] Group 1: Company Performance - IREN's bitcoin mining segment generated approximately $76.7 million in revenue in August 2025, while its AI cloud business contributed around $2.4 million [2] - The company is actively purchasing GPUs to expand its cloud business in response to increasing demand for AI [2] Group 2: Leadership Changes - Anthony Lewis has been appointed as the new chief financial officer, having played a crucial role in IREN's GPU financings [2] Group 3: Investment Opportunities - Advisors and investors are encouraged to consider adding exposure to IREN to leverage its growth potential, ideally through diversified means to manage risk [2] - The CoinShares Bitcoin Mining ETF (WGMI) offers a diversified investment option, with IREN being the top holding, accounting for over 20% of the fund's assets as of September 12, 2025 [3][4]