The analyst exited their position in IREN and moved into NBIS, indicating selling IREN was the correct decision.
Sold IREN due to dilution and pivot away from core business; moved to NBIS and others instead.
@JJJJJ_66666 Because I’m comparing thesis timeframes when I said $IREN was dogsht after endless dilution and a GPU pivot from Colo. I had $IREN last year and sold it for $NBIS and others. Turns out that was the correct idea, but IREN bagholders can’t admit it
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -8.1% | -8.0% |
| 1 week | -16.4% | -18.2% |
| 1 month | -25.8% | -26.5% |
| 3 months | — | — |
| 6 months | — | — |