Microsoft Deal Supercharges IREN’s AI Ambitions, Canaccord Says
The broker reiterated its buy rating on the stock while raising its price target to $70 from $42.
IREN Shares Rise in Pre-Market Trading on Earnings Report, AI Growth Outlook
The company is targeting $3.4 billion in AI Cloud ARR by end of 2026 with expansion to 140,000 GPUs and strengthened financing pos...
Bitcoin Minder IREN Posts Record First-Quarter Earnings, Looks to Growth in AI
The company is targeting $3.4 billion in AI Cloud ARR by end of 2026 with expansion to 140,000 GPUs and strengthened financing pos...
Bitcoin Miner IREN Posts Record First-Quarter Earnings, Looks to Growth in AI
The company is targeting $3.4 billion in AI Cloud ARR by end of 2026 with expansion to 140,000 GPUs and strengthened financing pos...
Cango Eyes Strengthening of Bitcoin Mining Operations, Entry Into AI HPC Market
The Chinese automotive transaction firm turned bitcoin miner Cango issued an update to its shareholders.
Jefferies Sees Solid Quarter but Limited Upside for Bitcoin Miner MARA
The bank kept its hold rating on the stock and trimmed its price target to $16 from $19.
Hut 8’s Tuesday Tumble Misguided and a Buying Opportunity: Benchmark
Investors overreacted to the absence of a hyperscaler deal announcement, overlooking Hut 8’s long-term potential in AI, energy, an...
Cipher Mining Surges 19% $5.5B Amazon Web Services HPC Deal
The crypto miner is pushing deeper toward AI infrastructure with AWS lease, new West Texas data center plans.
Bernstein Hikes Bitcoin Miner Targets as AI Infrastructure Play Continues to Gai...
Wall Street broker Bernstein said bitcoin miners are fast becoming an essential part of the AI value chain.
Bitcoin Network Hashrate Hit Record High in October, JPMorgan Says
The monthly average network hashrate, a proxy for competition in the industry and mining difficulty, rose 5% to 1,082 EH/s.