Buy IREN by Oct 19, 2026.

Been watching this rotation play out all week and it's honestly a lot to track at once. Three things competing for the same liquidity right now: AI infrastructure buildout, memory semis, energy/geopolitics. Usually one of these dominates the tape. Right now they're all moving. On the neocloud side, IREN dropped $2.8B in new multi-year AI cloud contracts, with year-end targets north of $4B annualized. HUT signed a 15-year, $9.8B lease in Texas, total campus value hitting $19.6B and up to …