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...
Wall Street's Biggest IREN Bull Hiked Price Target to $142 After $9.7B Microsoft...
The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from Bern...
IREN Soars 30% After Inking $9.7B AI Cloud Deal With Tech Giant MicroSoft
The deal is indicative of how miners’ once-volatile hardware fleets are increasingly viewed as strategic compute assets, bridging...
Debt-Fueled AI Pivot Puts Bitcoin Miners to the Test
Record debt and convertible note issuances signal a strategic shift as miners chase growth beyond bitcoin, but execution risk and...
IREN and WULF Shares Jump as Companies Launch Billion Dollar Debt Deals
Both companies unveil major note offerings to strengthen balance sheets and accelerate growth in data center and computing infrast...
Bitcoin Miner IREN's AI Pivot Earns $100 Price Target at Cantor Fitzgerald
"While shares have done well over the expectation that IREN will entirely focus on its GPU cloud, we continue to believe there is...
Bitcoin Miners Emerge as Key AI Infrastructure Partners Amid Power Crunch: Berns...
Miners’ secured grid capacity and high-density sites offer hyperscalers a faster, cheaper path to expand AI data centers as interc...