Analysts at Bernstein rose their target price for former Bitcoin miner IREN to $125 after it signed a $9.7 billion deal with ...
Shares of IREN jumped to a record high Monday after the Australian Bitcoin miner and data center company said it inked a $9.7 billion deal with Microsoft.
The partnership underscores how crypto miners are repurposing their vast computing facilities to support the global AI boom.
Investor's Business Daily on MSN
Iren, Cipher Mining Surge On AI Cloud Deals With Microsoft, Amazon Web Services
Cipher MiningCIFR announced a long-term deal with AmazonAMZN.IREN and CIFR stocks soared, but closed off intraday highs.
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