With $BTC @ ~80k, $IREN is trading at 2.75x EBITDA at 50 EH/s run rate. Generational buying opportunity here as #Bitcoin trades back into support and prepares to launch into the mid $100k's. 

Price Targets attached based on 4x EBITDA at 50 EH/s, $22.5k elec cost, 925 EH/s Mkt
#BTC #IREN #Bitcoin