WHAT A TIMING FOR $IREN SWEETWATER BEING INCLUDED IN ERCOT’S BATCH ZERO ON SEPTEMBER 8. This is the most tolerant state for data center halting all state issued permits until grid audit is complete. "Pending data centers are required to report on their plans for electricity use, water use,... neighborhood impacts, and more." $IREN has been ahead of the herd since 2018.show more

FEW

More of a loss than a gain.

This is what the "power isn't a moat" crowd misses. An interconnect isn't just MW, it's a place in a queue that just got frozen behind you. Batch Zero + the audit pause is a scarcity event for every energized Texas site — $IREN $CIFR $WULF — and a delay for anyone still filing.

Getting into Batch Zero before the pause looks like good timing Does the grid audit touch projects already in the batch?

Everyone's stuck in permitting, it already has interconnection. That timing gap is the moat. But once the grid audit ends, the bar only goes up.

bro is coping so hard he's recycling 15 days old news

Grid approval and compliance are going to separate the real players from the rest.

Great update as always. Your analysis brings a lot of value. You and @88krxxs are my go to finance accounts.

$IREN Batch Zero is grid review, not a permit win. At $47.42, $45.54 must hold before this story earns more trust. Texas can still delay power delivery. Hype is ahead of proof.

Batch Zero improves visibility, but it is not the same as grid approval. For $IREN, the key catalyst is proving power availability and permit progress without costly delays. The market should reward execution, not just inclusion on a list.

The inclusion is conditional...that's the problem.

Great update for this