SMCI Commentator
Total Assets$IREN(IREN.US) still has execution risks and refinancing risks, too many cards to buy, and another 60,000 units need to be purchased next year,
coupled with BTC's recent weak performance
It's hard to reach the high point in the short term
It might even fall back to around 30
BTC recovery coupled with reduced execution risks could bring it back to 80 by the end of next year
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