I don’t expect a deal from $IREN around the corner or at earnings.
On the other hand I expect some kind of delays. I also expect to see the a drawdown in the stock due to sentiment.
But let’s see. I could be wrong.
Anyhow. It’s important to note this most likely will hit the whole sector.
“Several U.S. data centers slated for completion in 2026 are at risk of being delayed as strict schedules encounter regulatory friction, supply chain bottlenecks, and the lack of available utility.
According to a report by the Financial Times, major data center projects involving Microsoft, OpenAI, and other tech companies will miss projected deadlines by more than three months.
The estimate is based on data from SynMax, a geospatial data analytics company that uses satellite imaging and AI to deliver real-time insights and predictive analytics on the maritime and energy sectors.”
I’m not shocked at all here. And expect to see delays on all project; $NBIS $CIFR $CRWV $IREN $WULF.
The Danish professor and world-leading expert on megaproject management who frequently cites high failure rates in project time and economy is Bent Flyvbjerg.
His research often highlights that 9 out of 10 (90%) of projects go over budget, over time, or fail to deliver on benefits
-BP
Please note: This is not financial advice.
