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IREN Stock Soars: Bitcoin Mining Firm Surges on Wall Street AI Cloud Optimism
What happened
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 higher today as investors priced in the company’s pivot from pure-play.
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