IREN LTD

Apr 28 2026TECHNOLOGY

IREN Shifts From Bitcoin Mining to AI Cloud, Stock Target Adjusted

Irene’s stock rating dropped from $125 to $100 per share after analysts noted the company is moving away from cryptocurrency mining toward large‑scale artificial intelligence services. The change does not signal a decline in IREN’s AI plans, but reflects two separate issues: the company is cutting b

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Nov 17 2025BUSINESS

IREN's Big Bet on AI: A Game Changer?

IREN, a company known for its work in bitcoin mining, is making a bold move into the world of artificial intelligence. A recent deal with tech giant Microsoft is set to boost IREN's AI ambitions significantly. This isn't just any deal—it's a whopping $9. 7 billion contract over five years. That's a

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