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$IREN CO-FOUNDER DANIEL ROBERTS: IF SOMEONE WANTED TO BUILD A 1GW AI FACTORY TODAY, THEY LIKELY WOULDN’T GET THEIR FIRST COMPUTE ONLINE UNTIL 2030. THAT SHOWS JUST HOW SEVERE THE POWER BOTTLENECK HAS BECOME ACROSS AI INFRASTRUCTURE. THAT’S WHY ENERGY AND POWER INFRASTRUCTURE PLAYS IN $BE AND $FPS ARE BECOMING INCREASINGLY IMPORTANT AS THE COMPUTE FOOTPRINT OF BUILDERS LIKE $NBIS, $WULF, AND $APLD CONTINUES TO EXPAND.