Bullish on Iris Energy due to contract repricing

Citizens: Neoclouds "CoreWeave has the largest contracted platform and the most future capacity to reprice; Nebius already shows the rate reset in agreements signed at $20–$25 million/MW, with customers prepaying 50–60% of the associated capex; and IREN shows the progression from roughly $10 million/MW on its original Microsoft agreement to above $20 million on newer contracts." "We are more positive on the Neocloud business model in the near-to-intermediate term. The equities and credit have repriced around the capital required to deliver the build, but demand continues to exceed available supply, delivery remains back-end loaded, and the newest contracts are being signed at higher rates." $NBIS $IREN $CRWV