
The author expresses highly negative sentiment toward IREN (IREN Limited) following the announcement that the company granted over 9 million restricted stock units (RSUs) to each of its two Co-CEOs. The post suggests a preference for GLXY (Galaxy Digital) as an alternative investment, citing a lack of confidence in IREN's management and shareholder alignment. The IREN RSU grants include a six-year combined vesting and holding period, with no further equity incentives planned until the 2031 fiscal year.

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.