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 | -5.7% | -5.6% |
| 1 week | +0.3% | -1.5% |
| 1 month | -19.7% | -20.3% |
| 3 months | — | — |
| 6 months | — | — |