Iren

Iren

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Bitcoin Miners Emerge as Key AI Infrastructure Partners Amid Power Crunch: Bernstein

Miners’ secured grid capacity and high-density sites offer hyperscalers a faster, cheaper path to expand AI data centers as interconnection delays mount.

Racks of mining machines.

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Bitcoin Miners Rally in Pre-Market as Sector Nears $90B Market Cap

AI and high-performance computing demand fuel fresh gains, with miners eyeing a potential $100 billion market cap by year-end

Miner Share Price YTD (TradingView)

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IREN Declines 6% on $875M Convertible Note Offering

The hot-handed bitcoin miner turned high-performance computing play could raise as much as $1 billion in the note sale.

Data center servers

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Bitcoin Miners Posted Record Profits in 2Q as HPC Push Accelerated, JPMorgan Says

Rising bitcoin prices, improved efficiency, and heavy investment in high-performance computing fueled a strong second quarter for miners, the bank said.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

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Bitcoin Miner IREN Jumps 9% After Securing New Multi-Year AI Cloud Contracts

AI and HPC stocks are moving higher again, with IREN, Bitfarms, and Hive Digital extending their rally on rising GPU and cloud momentum.

CoinDesk

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AI/HPC Bitcoin Miners Rally as AMD Soars 30% on OpenAI Deal

OpenAI’s multi-billion-dollar chip agreement with AMD fuels sector-wide gains across artificial intelligence and high-performance computing stocks.

Racks of mining machines.

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AI and HPC Hype Fuels Pre-Market Rally in Bitcoin (BTC) Mining Stocks

Bitcoin treasury stocks are lagging, however, despite BTC trading above $124K.

Year To Date Performance (MSTR, 3350, CIFR, IREN, BTBT) (TradingView)

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Bitcoin Miner IREN Has 80% Potential Upside Thanks to Big Bet on AI Cloud: Bernstein

The broker hiked its IREN price target to $75 from $20 while reiterating its outperform rating on the stock.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

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IREN Shares Jump 11% in Pre-Market Trading as Bitcoin Miner Doubles AI Cloud Fleet

Company lifts AI Cloud ARR target to more than $500 million by Q1 2026 after $674 million GPU expansion.

CoinDesk