IREN is now focusing on building on top of its Bitcoin mining core revenues with AI infrastructure. They’re targeting over $500 million in AI Cloud ARR by Q1 2026. For now, Bitcoin mining remains ...
IREN’s stock is soaring — up over 530% in six months — as analysts backed its shift from bitcoin mining to AI-cloud and a major GPU expansion. Bitcoin miner IREN Limited’s stock (NASDAQ: IREN) blasted ...
Google has helped strike another deal with a Bitcoin miner. On Thursday, Cipher Mining announced that it was leasing a data warehouse it owns in Colorado City, Texas, to an AI computing startup. The ...
A new bill proposed in the New York State Senate would impose heightened taxes on certain bitcoin mining companies, disincentivizing these companies from operating in the state. Yesterday, two members ...
Canaan Inc. shares jumped more than 26% in early trading Thursday after the crypto mining firm landed a 50,000-rig order. Canaan said that a US-based company purchased the latest-generation “Avalon ...
IREN (IREN), one of the largest self-operated bitcoin BTC $108,993.40 miners in the U.S., is breaking away from the pack, and Wall Street is taking notice. Bernstein analysts raised their price target ...
At a time when Bitcoin (BTC) mining is dominated by large-scale mining farms with advanced, specialized hardware, the odds of a solo miner striking the so-called digital gold are astronomically low.
Bitcoin miner TeraWulf plans to raise approximately $3 billion to expand its data center operations, with backing from Google (NASDAQ:GOOG), according to CFO Patrick Fleury. The debt is expected to be ...
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Bitcoin Miner IREN Surges on AI Cloud Contract Wins
IREN's stock jumped more than 20% over the past week, following news that the company secured new multi-year AI cloud contracts. In today's "Chart of the Day," presented by Crypto.com, CoinDesk's ...
The stock of the Bitcoin mining company, Bitfarms Ltd. (Nasdaq: BITF), fell more than 15% to close at $2.59 on Sep. 23. It is an extraordinary decline for a stock that had been soaring for more than ...
Riot Platforms (RIOT) picked up back-to-back upgrades from Wall Street on Friday, with JPMorgan and Citigroup both raising their outlooks on the bitcoin miner amid changing industry economics and a ...
As Bitcoin maintains its strong position at high price levels, the mining industry is witnessing another wave of growth. For traditional miners, hardware costs, electricity expenses, and maintenance ...
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