2026 Season Stats @LanceHarvell @CoachHannahs @Rob_Childress @CoachLuke5 @CoachReif @32JonnyA @3strikes_AU @williebloom @CoachT_RZRBacks @CoachMegahee @RudyCox_6 @T_Rost12 @earleybaseball @Gierke12 @MitchHolland10 @CoachSimmons4 @_erictyler @elbin_kurt @VTCoachSzefc @PuccioNick

Execution at scale. From Childress and Sweetwater in Texas to Mackenzie, Prince George and Canal Flats in British Columbia. IREN is building across multiple campuses simultaneously, with development advancing at Kiowa (Oklahoma), Bundey (Australia) and Badajoz (Spain). Over 4,000 personnel. Millions of work-hours completed to date. Building at speed and scale. That is the advantage of IREN's vertically integrated model.

Year 2 / League Stats @32JonnyA @LanceHarvell @CoachHannahs @CoachLuke5 @CoachReif @Rob_Childress @matt_reida @jamesramsey23 @JonCoyne33 @RudyCox_6 @MattRiser17 @jakevalentine9 @CoachMikeBianco @kirbdog88888 @SirianniMike @jaxonsc @T_Rost12 @DWoo22 @earleybaseball @elbin_kurt

Bernstein models $IREN scaling to ~5.8 GW longer term with cloud revenue reaching ~$17B and adjusted EBITDA ~$13B by 2030. Interesting that they assume Childress stays flat at 750 MW so almost all of that upside comes from proving Sweetwater design can be repeated across Oklahoma, Australia and Europe. Thats where the opportunity gets really large if IREN can execute with three-year contract pricing already up 125% even as the note also models ~$65B of incremental CapEx before the full revenue ramp.

$IREN is now physically converting more of its Bitcoin infrastructure to AI. ASIC removal and retrofitting are underway at Childress, while the entire Canal Flats site is being converted to liquid cooling for GB300 deployments.

$IREN is becoming one of the most interesting AI-infrastructure plays. $MSFT has officially accepted Horizon 1, triggering the first billing under the massive $9.7B, 5-year contract. $NVDA has also certified IREN’s Childress campus with Exemplar Cloud status after GB300 testing. The bigger question now is execution: Horizons 2–4, AI cloud revenue ramp, financing, and the shift away from Bitcoin mining. With FY2026 earnings on Aug. 27, IREN is definitely one to watch. $WULF $CIFR $APLD

Finance Summit at World Nuclear Symposium 2026 is fast approaching. Hear from - Luba Kotzeva (Etara Partners), Istvan Szabo (@EIB), Ju Sang-jin (The Export-Import Bank of Korea), and Taylor Childress (@EximBankUS).