What are the $IREN bulls saying around timelines at sweetwater? My understanding is they don't ha...
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
The GLXY/IREN chart shows a strong downtrend, with the ratio currently at 0.7769, suggesting IREN has significantly outperformed GLXY recently. The author believes this trend is due for a "strong reversal," implying GLXY could soon outperform IREN. Investors should also be cautious about optimistic 2026/2027 timelines for IREN's Sweetwater site due to potential ERCOT approval and infrastructure delays.
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About Duncan
Duncan
By FloodCapital
Investing content focusing on $GLXY and AI Robotics the two largest opportunities I see in the world right now. Not affiliated with @thinkingusd.