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This article discusses a bullish investment thesis for IREN Limited (IREN), highlighting its unique position in the Bitcoin mining and AI sectors while leveraging renewable energy. With a significant operational expansion since its founding in 2019, IREN has achieved strong revenue figures and plans to scale its GPU infrastructure significantly. Although there are risks involved, including competitive pressures, the company's low-cost renewable power strategy presents an attractive investment opportunity for those looking at the intersection of energy, AI, and cryptocurrency.
Source: YAHOO