Iren
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.
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 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.
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.
AI and HPC Hype Fuels Pre-Market Rally in Bitcoin (BTC) Mining Stocks
Bitcoin treasury stocks are lagging, however, despite BTC trading above $124K.
Riot Platforms Gets Double Upgrade on AI Pivot as JPMorgan, Citi Hike Targets
Alongside, JPMorgan downgraded IREN and CleanSpark
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.
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.
Bitcoin Mining Profitability Fell in August, Jefferies Says
U.S.-listed mining companies accounted for 26% of the Bitcoin network last month, unchanged from July, the report said.
Bitcoin Miner IREN's AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord
The broker noted IREN's recent designation as an NVIDIA preferred partner, which came almost simultaneously with the announcement of the purchase of an additional 2,400 GPUs.
