IREN Shares Surge on Strong Earnings Report
@IREN reported record Q1 earnings with net income of $384.6M, driven by $232.9M from bitcoin mining and a $9.7B AI cloud contract with Microsoft. Shares slid 12%, up 2% pre-market. #Update #Crypto $BTC
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Bitcoin Miners Become Essential AI Partners
Bitcoin miners are becoming vital partners for AI infrastructure as demand surges, with @IREN controlling over 14 GW of capacity; Bernstein rates IREN outperform with a $75 target. #Update #Crypto $BTC
Bitcoin Miner IREN Surges 9% with AI Contracts
@IrisEnergy shares rise 9% after securing multi-year AI cloud contracts for NVIDIA Blackwell GPU deployments, anticipating $225 million in ARR by end of 2025. #Update #Crypto $IREN
Bitcoin Miners Achieve Record Profits in 2Q
@JPMorgan reports record profits for bitcoin miners in Q2 2025, driven by high-performance computing investments and rising bitcoin prices, with miners raising $590M in new equity. #Update #Crypto $BTC
Riot Platforms Surges on AI Upgrade Boost
@RiotPlatforms received upgrades from JPMorgan and Citigroup, raising targets to $19 and $24 amid a shift to AI and cloud services, while $CIFR target doubled to $12. #Update #Crypto $RIOT