IREN For the $500 million convertible note offering the short-term outlook appears to be more bullish than bearish. The strong demand for the offering, strategic use of capped call transactions, positive analyst ratings, and increased options market activity all point towards a favorable short-term trajectory for IREN's stock. However, investors should remain mindful of potential risks, including dilution and market volatility, which could impact the stock's performance. For options expiring on June 27, 2025, the bullish indicators suggest that there may be opportunities for gains, particularly if the market responds positively to the offering and IREN's strategic initiatives.
IREN the big problem with these convertible notes is that the buyer hedges with a short position. They just Did 400M$ I’m December then a Billion$ ATM early this year now another 450M$ with the option for another 50M$. This company is completely out of hand with all this debt and printing of shares.
IREN the greed of the CEO is showing again today he is printing shares from the Billion $ ATM no doubt. Why not let the stock run over 10$ again before printing ? Pure greed. They are sitting on nearly $200M cash and mining nearly $60M a month they don’t need the cash yet they print with desperation.
IREN CEO was printing shares at $6.00 after a 60% dump from $13.50 down to $6.00 the CEO was printing shares from the Billion $ ATM how greedy and Impatient of the company to want the money so badly they had to dilute at $6.00 after a more than 60% fall. Shame.
IREN For the $500 million convertible note offering the short-term outlook appears to be more bullish than bearish. The strong demand for the offering, strategic use of capped call transactions, positive analyst ratings, and increased options market activity all point towards a favorable short-term trajectory for IREN's stock. However, investors should remain mindful of potential risks, including dilution and market volatility, which could impact the stock's performance. For options expiring on June 27, 2025, the bullish indicators suggest that there may be opportunities for gains, particularly if the market responds positively to the offering and IREN's strategic initiatives.
