Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business - News

Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business

27 April 2026 17:15 bitcoin
CoinTelegraph
| bitcoin, mining
Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business

Source: CoinTelegraph

As Bitcoin miner IREN shifts toward AI cloud infrastructure, leveraging a Microsoft deal and GPU expansion, analysts expect mining revenue to decline over time....
As Bitcoin miner IREN shifts toward AI cloud infrastructure, leveraging a Microsoft deal and GPU expansion, analysts expect mining revenue to decline over time.
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