The sentiment for IREN is highly bullish, with the asset described as one of the "easiest plays" due to surging AI compute demand and its proven 1.4 GW power capacity. The company is reportedly on schedule with its Childress site development to support Microsoft (MSFT) AI compute requirements, specifically the "Horizon 1-4" project. Visual data confirms the first 200MW is underway as part of a larger infrastructure expansion for IREN.