Iren
Bitcoin Miner IREN’s 47% Slide Flagged as a Buying Opportunity by B. Riley
The bank kept its buy rating on the stock and $74 target, citing a Microsoft GPU ramp and ample funding options.
IREN Raises $2.3B, Repurchases Debt in Balance Sheet Overhaul
The bitcoin miner extended maturities, reduced coupon costs and strengthened its capital structure.
IREN Investors Mull Outlook After $3.6B Capital Raise as Jim Cramer Says 'Sell'
The bitcoin miner turned AI compute provider tumbled on Tuesday and is now down nearly 50% over the past month.
Iren Plans to Sell Up to $2.3 Billion of Convertible Notes, Shares Drop
The company also plans to sell shares to fund the repurchase of existing debt.
IREN Stock Could Soar Nearly 500% by 2028 on Microsoft AI Deal, Says Cantor
IREN has joined the ranks of large-scale "neocloud" providers, said analyst Brett Knoblach, adding credibility to the company’s ambitions to scale to $18.6 billion in annual revenue across its Texas and Canadian sites.
Crypto Equities Move Higher Pre-Market, But There’s a Twist
Bitcoin leads gains above $106,000, yet a CME gap hints at potential short-term volatility.
Microsoft Deal Supercharges IREN’s AI Ambitions, Canaccord Says
The broker reiterated its buy rating on the stock while raising its price target to $70 from $42.
Bitcoin Miner IREN Posts Record First-Quarter Earnings, Looks to Growth in AI
The company is targeting $3.4 billion in AI Cloud ARR by end of 2026 with expansion to 140,000 GPUs and strengthened financing position.
Wall Street's Biggest IREN Bull Hiked Price Target to $142 After $9.7B Microsoft AI Deal
The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from Bernstein, which lifted to $125.
IREN Soars 30% After Inking $9.7B AI Cloud Deal With Tech Giant Microsoft
The deal is indicative of how miners’ once-volatile hardware fleets are increasingly viewed as strategic compute assets, bridging the gap between blockchain and AI.
