Can IREN Sustain Growth Amid Its Rapidly Mounting Capex Burden?

Key Takeaways IREN is rapidly scaling AI cloud operations with plans for 140,000 GPUs and major site upgrades by 2026.IREN's capital requirements are rising, with multibillion-dollar capex far outpacing operating cash flow.IREN is leaning on external funding as revenue is projected to climb 116.4% in 2026 on rising AI demand.IREN Limited’s (IREN) shift toward AI cloud infrastructure boosts long-term prospects while sharply increasing capital intensity. The company has highlighted massive capital needs that ...