ITPM Flash Ep81 Winning the Data Center Race

ITPM Podcast

ITPM Flash provides insight into what professional traders are thinking about in the markets RIGHT NOW! In this episode, Edward Shek focuses on Iris Energy ($IREN) — a $3bn clean energy-powered Bitcoin miner rapidly evolving into a serious player in AI cloud infrastructure. With the broader data centre and semiconductor trade still on fire, he's bullish on the theme but increasingly selective about where real upside remains. $IREN stands out for its unique model: using Bitcoin mining cash flow to fund GPU expansion, offering ultra-competitive pricing versus major cloud providers, and scaling capacity from 660MW to nearly 3GW over the next two years. Ed breaks down the opportunity, key catalysts, risks, and a high-reward options structure targeting significant upside.