Bulls are watching for a breakout supported by rising volume. They question the shift away from multi-tenant colocation, noting that hyperscaler customers negotiate tough terms and Iren’s focus on its own cloud growth may reduce prospects for third-party leases. They warn the company could be trading one capital-intensive treadmill in mining for another in AI infrastructure, and flag dilution risks from further equity issuance to fund GPU deployments. Neoclouds offer access to Nvidia GPUs through specialized cloud-based infrastructure. CoreWeave stock price was under slight pressure today following commentary on rising operational costs. However, margin projections still indicate sustainable profitability in the near term.