【Week 4 – My Portfolio Health Check, Going long on IREN】

Started a postion in IREN as it transforms into one of the most intriguing AI infrastructure plays. The latest catalyst came as the company unveiled a massive 5 year, 3.4 billion AI cloud agreement with Nvidia, reinforcing the company’s growing position in the AI compute arms race. Under the agreement, IREN will provide managed GPU cloud services powered by NVDA Blackwell systems for Nvidia’s own AI and research workloads, while both companies also plan to collaborate on deploying up to 5 gigawatts of AI infrastructure. Nvidia additionally secured the right to potentially invest as much as $2.1 billion into IREN, a strong signal that the chip giant sees the company as a strategic long-term infrastructure partner. @Bridge Buzz SG