The user suggests a potential long GLXY / short IREN pair trade, noting Jim Chanos's comments on high capital costs for data centers impacting deal economics. The provided chart shows the GLXY/IREN ratio has been in a significant downtrend since May, recently stabilizing around 0.7769. This implies GLXY has underperformed IREN over this period, and a reversal in the ratio would suggest outperformance for GLXY or underperformance for IREN.