Iren的比特币采矿能力遇到了AI：SOTP评估深度潜水

Iren向AI的战略转变，以及其比特币采矿效率，正在引起嗡嗡声。 $ 300 SOTP估值现实吗？让我们分解。

IREN's Bitcoin Mining Prowess Meets AI: An SOTP Valuation Deep Dive

Iren的比特币采矿能力遇到了AI：SOTP评估深度潜水

IREN Ltd. (NASDAQ: IREN) is turning heads in the Bitcoin mining world, especially with whispers of a potential $300 per share valuation based on a sum-of-the-parts (SOTP) analysis. But how does IREN's Bitcoin mining capacity and AI ventures factor into this bold projection?

Iren Ltd.（NASDAQ：IREN）在比特币采矿界转向头部，尤其是根据基于一部分（SOTP）分析的潜在每股估值300美元的耳语。但是，Iren的比特币采矿能力和AI冒险如何将这种大胆的投射归因于这种大胆的投影？

The Buzz Around IREN: Mining and AI

Iren周围的嗡嗡声：采矿和AI

IREN has hit a major milestone, reaching 50 EH/s in installed self-mining capacity. This rapid growth, fueled by its 750MW Childress site, underscores the company's operational efficiency. Co-founder and co-CEO Daniel Roberts emphasizes IREN's ability to deliver complex energy and data center infrastructure quickly. And, with a market cap increase of around $3.5 billion, IREN is solidifying its position as a leading Bitcoin miner.

Iren达到了一个重大的里程碑，安装自装式装置的能力达到50 EH/s。这一快速增长在其750兆瓦的Childress网站上推动了该公司的运营效率。联合创始人兼联合首席执行官丹尼尔·罗伯茨（Daniel Roberts）强调了Iren快速提供复杂的能源和数据中心基础设施的能力。而且，随着市值增加约35亿美元，Iren巩固了其作为领先的比特币矿工的地位。

SOTP Valuation: Is $300 Realistic?

SOTP估值：$ 300现实吗？

According to an X post highlighted by Eric Jackson of EMJ Capital, IREN stock could soar over $100 apiece in the next 18 months, with a projection reaching a staggering $300 per share. This projection implies a potential 1572.24% upside from its current price of approximately $18.00 apiece. While such projections should be viewed with a healthy dose of skepticism, the underlying factors driving this optimism are worth exploring. The analysis likely considers IREN's Bitcoin mining operations, its foray into AI, and the potential synergies between the two.

根据EMJ Capital的埃里克·杰克逊（Eric Jackson）突出显示的X帖子，Iren股票在未来18个月内可能会超过100美元，预测达到了惊人的每股300美元。该预测意味着潜在的1572.24％的上涨空间比目前的价格约为18.00美元。虽然应该以健康的怀疑态度来看待这样的预测，但推动这种乐观主义的基本因素值得探索。该分析可能考虑了Iren的比特币采矿业务，其企业对AI以及两者之间的潜在协同作用。

The AI Angle: Diversification and Future Growth

AI角度：多样化和未来的增长

Bitcoin miners are increasingly diversifying into artificial intelligence (AI) to stabilize revenue streams and mitigate the impact of Bitcoin halvings. IREN is among those leading the charge. The company's expansion includes a 50MW AI data center scheduled to launch in Q4 2025. IREN started its AI journey in early 2024 with just 248 GPUs, and by mid-2025, it had scaled up to more than 4,300 units. In Q3 FY2025, they mined 1,514 BTC while pulling in $3.6 million from AI cloud services.

比特币矿工越来越多地分散到人工智能（AI）中，以稳定收入流并减轻比特币过度的影响。 Iren是领导指控的人之一。该公司的扩展包括一个50MW AI数据中心，该数据中心计划于第4季度2025年推出。Iren于2024年初以248 GPU的速度开始了AI旅程，到2025年中，它已扩展到4,300多个单位。在2015财年第三季度，他们从AI Cloud Services赚了360万美元，开采了1,514 BTC。

Low Costs, High Potential

低成本，高潜力

IREN's strategy focuses on maintaining low production costs. With an all-in cash cost of $41k per Bitcoin, achieved through 15 J/TH efficiency and low-cost renewable energy, IREN demonstrates a cost-effective operational model. This efficiency allows IREN to increase Bitcoin production during market downturns, providing a competitive edge.

Iren的战略着重于保持低生产成本。 Iren的全现金成本为每比特币41K美元，可通过15 j/th的效率和低成本可再生能源实现，Iren展示了一种经济有效的运营模型。这种效率使Iren能够在市场下跌期间增加比特币产量，从而提供竞争优势。

Potential Risks

潜在风险

It's not all sunshine and rainbows. IREN faces risks including Bitcoin price fluctuations, capital needs, and market competition. The company's reliance on renewable energy presents risks due to the variability and pricing of electricity supply. Ongoing securities litigation also introduces legal and financial risks.

并不是全部阳光和彩虹。 Iren面临的风险包括比特币价格波动，资本需求和市场竞争。该公司对可再生能源的依赖呈现出由于电力供应的可变性和定价而带来的风险。正在进行的证券诉讼还引入了法律和财务风险。

Final Thoughts

最后的想法

IREN's strategic pivot into AI, combined with its established Bitcoin mining operations, presents a compelling case for growth. Whether the $300 valuation materializes remains to be seen, but the company's hybrid model and efficient operations certainly make it one to watch in the evolving landscape of crypto and AI. Keep an eye on that Texas facility and those GPU numbers – they're the keys to IREN's potential future!

Iren进入AI的战略枢纽，结合其已建立的比特币采矿业务，提出了一个令人信服的增长案例。 300美元的估值是否实现还有待观察，但是该公司的混合模式和高效的运营无疑使人们可以在加密和AI的不断发展的景观中观看。密切关注德克萨斯州的设施和那些GPU的数字 - 它们是Iren潜在未来的关键！