Frank Curzio
Founder & CEO of Curzio Research, Wall Street Unplugged Host
IREN and Hut 8 look like buying opportunities because they just locked in multi-billion-dollar contracts while the market keeps pushing them lower. That selloff is a gift, not a red flag. The AI infrastructure trade rests on a power shortage that has persisted for over a year, and more energy is needed. x.comÂ
IREN's long-term appeal rests on its standing as one of the best vertically integrated AI neoclouds. In the short term, the stock has not been this oversold since 2022. x.comÂ
IREN is one of the few token factories that can produce a scarce, essential resource facing exponential demand, as generational AI spending and bottlenecks feed through to compute providers. It now joins Nebius, the main pick, and CoreWeave as a favored name, after @LandoInvests argued that at its current value IREN is the better of these plays. x.com x.comÂ
IREN's predatory management and markedly weaker execution than Nebius make it hard to take seriously while Mike Alfred remains on its board. Barring an oversold bounce, IREN looks cooked big time with more time. x.com x.comÂ
IREN's $8 billion in cash against a valuation of just $10 billion points to unfathomable upside potential. Its shares are back below their $28 IPO price. x.comÂ
IREN is worth $68 versus about $40 now, making this dip a generational buying opportunity for investors under 55. Microsoft gave IREN a $9.7B AI cloud contract, and its power is already secured. Real wealth is built by buying weeks like this and holding, not by buying all-time highs. x.comÂ
Heavy AI-related borrowing with little to show for it is pressuring Oracle, IREN and Nebius shares. These stocks are beginning to trend lower. x.comÂ
IREN offers double exposure to the AI boom as a Bitcoin miner pivoting to AI cloud on its own grid. x.comÂ
IREN looks horrendous on the chart, but institutions are not selling, setting up a big pop to $40+ once everyone gives up. The declines have come on a complete lack of volume. Over the first half of 2026 it saw $250B of high-volume activity and twice failed to make new lows in this area, a textbook long-term accumulation campaign; key institutional supports above still need to be reclaimed to confirm a short-term bullish trend. x.com x.comÂ
IREN's AI data-center expansion needs enormous capital, making financing needs and execution delays material risks. Bitcoin exposure adds another source of uncertainty despite the size of the AI opportunity; the stock looks tempting but is not one to buy here. x.comÂ
IREN looks cheap below $35 and is favored over DigitalOcean, whose stock looks bubbly against an estimated $110 value despite its appeal as a business. A switch toward IREN is under consideration if things go well. x.com x.comÂ
