$IREN

LONGhigh conviction
3 Jun 2026, 10:17 UTC
Outcome
-32.9%
1-month return
-32.5%
vs SPY (1m)
Asset classstock
Post typeposition
Horizonmonths
Entry$84
Target$260

Summary

NBIS highest conviction Neocloud pick - thesis validated +208% return

Reasoning

Pick of the sector - identified winner before major theme emerged; fundamental thesis proven out

Original tweet

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Fun to see my highest conviction Neocloud pick in $NBIS age well. I wrote a thesis last year on the Neocloud sector becoming a major theme. And then picked the King. -> Nebius is #1 out of the entire sector from $IREN to $CRWV. $84 -> $260. Thesis validated by markets. https://t.co/RGOt3GSNjW

Return by horizon

1d
-5.5%
1w
-21.3%
1m
-32.9%

Price performance

HorizonRaw movevs SPY
1 day-5.5%-5.9%
1 week-21.3%-17.5%
1 month-32.9%-32.5%
3 months
6 months
AI-classified learn more
Confidence 90% · classified by claude-code-haiku