Shitcos, Griftcos, and alignment versus enrichment at $IREN
· yetanothervalueblog.com
IREN handed its co-CEOs ~$800m of stock three weeks before announcing $2.8B of contracts. Griftcos, dark arts grants, and what the timing signals.
One of the best pieces of fintwit slang is a “shitco”. It’s just so all encompassing and so perfect.
Some stock you’re short is getting squeezed higher...