IREN's Stock Soars Over 77% Amid New AI and Cloud Contracts

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Source: Investor's Business Daily
IREN's Stock Soars Over 77% Amid New AI and Cloud Contracts
Photo: Investor's Business Daily
TL;DR Summary

Bitcoin miners and Iren's stock surged following Iren's announcement of multiyear AI cloud service contracts involving Nvidia GPUs, boosting AI capacity and revenue projections, while Bitcoin hit a record high of over $126,000, reflecting strong market momentum.

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