Bitcoin Miner to AI Giant: IREN AI Cloud Revenue Passes $4B
Covered by 2 sources · 2 articles
2 outlets - including Tronweekly and Cryptonomist - are covering this story. IREN surged after raising its AI cloud revenue target above $4 billion, backed by $2.8 billion in new contracts. The move highlights miners pivoting to HPC for stable income amid Bitcoin halving pressure, bridging crypto energy infrastructu…
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IREN Surges 16% as AI Cloud Pivot Drives $4B Revenue Target
IREN surged after raising its AI cloud revenue target above $4 billion, backed by $2.8 billion in new contracts. The move highlights miners pivoting to HPC for stable income amid Bitcoin halving pressure, bridging crypto energy infrastructu…
Bitcoin Miner to AI Giant: IREN AI Cloud Revenue Passes $4B
A Bitcoin miner just told Wall Street it expects to generate more than $4 billion in AI cloud revenue — and the market believed it. IREN’s shares surged approximately 15.7% on Monday after the company announced it had signed $2.8 billion in…