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β Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business
As Bitcoin miner IREN shifts toward AI cloud infrastructure, leveraging a Microsoft deal and GPU expansion, analysts expect mining revenue to decline over time.
https://ct.com/gz0i
@Cointelegraph
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As Bitcoin miner IREN shifts toward AI cloud infrastructure, leveraging a Microsoft deal and GPU expansion, analysts expect mining revenue to decline over time.
https://ct.com/gz0i
@Cointelegraph
News | Markets | YouTube
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π¨ TODAY: Arthur Hayes said AI tools could replace accountants and lawyers, adding βI canβt wait for Claude to take over.β
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π₯ BULLISH: Arthur Hayes said he is long Bitcoin, adding βweβve had a bit of chopβ¦ now itβs time to break out,β with a $125,000 year-end target.
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πΊπΈ UPDATE: Cynthia Lummis said βwe are going to mark up the Clarity Act in Mayβ and push it βto the finish lineβ.
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πΊπΈ JUST IN: Mike Selig says, βAmerica is now the crypto capital of the world,β adding that the U.S. now has a pro-crypto administration.
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π¨ INSIGHT: Patrick Witt warns that crypto innovation has been driven offshore by regulation and says the U.S. must lead in setting the rules for the future of financial infrastructure.
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