If #BTC hits $200k, then $IREN can hit $65.

If #BTC hits $300k, then $IREN can hit $95.

If #BTC hits $400k, then $IREN can hit $125.

$300k per #BTC is possible. Wouldn’t bank on $400k.

Price targets take into account a 2.5x multiple for a miner’s outperformance of #Bitcoin.
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