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Small Cap Snipa
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Small Cap Snipa
@SmallCapSnipa
Breaking down trends, earnings, data centers & everything moving the market | AI +trending stories | Follow @stocksnipa
Miami, FL
Joined February 2021
$IREN CEO DAN ROBERTS SAYS THE COMPANY IS ONLY USING 2% OF TOTAL CAPACITY “Even the 23,000 GPUs we’ve got on order or operating is less than 2% of our entire footprint, so enormous room for growth” IREN is still in the first inning 📈
00:00- $IREN CEO Dan Roberts was asked if he is all in on AI or still involved in bitcoin mining “The future is AI. As I mentioned, less than 2% of our power is capable of generating $500 million of annualized revenue”
00:00 - THE $IREN MEGA DATA CENTER IN TEXAS IREN's Childress data center has a power capacity of 750 MW, which puts the facility in the top 5-10 largest data centers in the U.S. by megawatts Unlike most campuses, IREN owns both the land and the infrastructure at the Childress site!
- BREAKING: $IREN CEO EXPECTS THE COMPANY TO GENERATE $3.5 TO $4 BILLION IN 2026 “A number of analysts are saying we need 45 GW of new data centers by 2028. We’ve got 3 GW of that. So there’s an enormous opportunity.” That is nearly 7% of the total projected demand secured by
00:00 - ONE OF THE LARGEST DATA CENTERS IN THE WORLD The $IREN Sweetwater data center campus covers more than 1,800 acres across two sites! Powered by 100% renewable energy, the site can run millions of GPUs. West Texas has abundant renewable energy, perfect for data centers📈
- $CIFR IS BUILDING ANOTHER MEGA DATA CENTER IN TEXAS Cipher Mining acquired the rights to 187 acres, where they plan to build a 500 MW data center named Milsing. The site is part of Ciphers 2.6 GW footprint across Texas with an energization timeline of 2028. The project shows
- $IREN SWEETWATER DATA CENTER WILL HAVE 2 GW OF POWER CAPACITY The facility will be 25-50x larger than your typical AI data center, and is already demanding massive amounts of labor… “We have a team at the moment of about 10-15 folks, and that will very quickly transition to a
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- THE $IREN AI MEGA-CAMPUS IN TEXAS IS ALMOST COMPLETE Coming into 2025, most people had no idea what IREN was planning in Childress, Texas. The company is close to completing one of the largest AI data-center campuses in the country, set to run tens of thousands of GPUs across
- AT FULL CAPACITY $IREN COULD GENERATE NEARLY $5 BILLION PER YEAR IREN’s full data center capacity will equal 2,910 megawatts once their projects are complete. Fully leased, analysts estimate the company’s revenue between $3.6 billion and $4.9 billion (long-term). In the
- $BITF LARGEST DATA CENTER IN THE PIPELINE Bitfarms Panther Creek data center is targeting 350-410 MW of future power capacity! The company announced the site as its flagship campus for AI workloads. Its current energized capacity sits at 60 MW with an energization timeline of
00:00- $IREN CEO Dan Roberts on the company’s strategic transition from bitcoin mining to AI workloads: “As a result [of our BTC mining], today we’re sitting with 810 megawatts of operating data centers that we are actively swapping out bitcoin mining racks and inserting Nvidia GPUs
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