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IREN stock just crashed nearly 30% this month… but the real story is NOT what the headlines are telling you. In this deep dive, we break down: • Why IREN’s earnings looked terrible on the surface • The truth behind the $155M loss • One-time accounting charges vs real operating performance • The $9.7 BILLION multi-year AI contract with Microsoft • 140,000 NVIDIA GPUs being deployed • 4.5 gigawatts of secured power capacity • $3.6B in GPU financing + $1.9B Microsoft prepayments • 540% AI cloud revenue growth year-over-year • The risks (execution, concentration, Bitcoin volatility) • Why this crash may be opportunity, not collapse Most investors saw: Revenue miss. Net loss. Bitcoin weakness. Smart investors looked deeper and saw: Balance sheet restructuring. Non-cash accounting losses. AI infrastructure scaling. Massive hyperscaler validation. IREN is no longer just a Bitcoin miner. It’s becoming a serious AI infrastructure player. The question isn’t whether volatility exists. The question is whether this pivot toward AI compute becomes a multi-billion-dollar revenue engine by 2026. This video breaks down everything you need to know before buying the dip — or running away. ⚠️ This is not financial advice. Always do your own research. Subscribe to Market Clarity for deep-dive analysis that separates signal from noise. #IREN #IRENStock #AIStocks #StockMarket #Microsoft #Nvidia #AIInfrastructure #BitcoinMining #GrowthStocks #StockAnalysis #Investing #MarketCrash #TechStocks