News Explorer — IREN's Stock Spikes After Securing $9.7 Billion Deal With Microsoft, Highlighting Bitcoin Miners' AI Potential

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Nov 4, 6:08 pm

Decrypt

IREN's Stock Spikes After Securing $9.7 Billion Deal With Microsoft, Highlighting Bitcoin Miners' AI Potential

Bernstein upgraded IREN's rating and price target after the company secured a $9.7 billion cloud services deal with Microsoft. The deal showcases how Bitcoin miners can benefit from the AI industry, with IREN's shares trading at over $69, up 2% on Tuesday.

Bernstein upgraded IREN's rating and price target after the company secured a $9.7 billion cloud services deal with Microsoft. The deal showcases how Bitcoin miners can benefit from the AI industry, with IREN's shares trading at over $69, up 2% on Tuesday.

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Nov 4, 6:08 pm

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IREN's Stock Spikes After Securing $9.7 Billion Deal With Microsoft, Highlighting Bitcoin Miners' AI Potential

Bernstein upgraded IREN's rating and price target after the company secured a $9.7 billion cloud services deal with Micr... Read Summary

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