IREN: Cheap Valuation Means I Am Doubling Down

分组1 - IREN Limited's stock has experienced a significant decline, losing approximately one-third of its value since its peak in early November when it traded above $75 [1] - The decline in stock value followed the release of FQ1 2026 earnings, indicating potential concerns regarding the company's financial performance [1] 分组2 - The author has a beneficial long position in IREN shares, indicating a personal investment interest in the company's stock [2] - The article expresses the author's own opinions and is not influenced by compensation from any company mentioned [2]