Iren
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.
IREN Posts First Full-Year Profit on AI Cloud Growth, Mining Expansion; Shares Climb
The stock rose 13% pre-market with IREN closing in on MARA as the world’s biggest bitcoin and AI miner by market cap.
Bitcoin Mining Faces 'Incredibly Difficult' Market as Power Becomes the Real Currency
Executives at Jackson Hole’s SALT conference said the old boom-and-bust halving rhythm is breaking down, with survival now tied to cheap power and diversified infrastructure.
Bitcoin Mining Profitability Rose 2% in July Amid BTC Price Rally, Jefferies Says
A rising bitcoin price is seen as most favorable for Galaxy's digital assets business, while miners fight a rising network hashrate, the report said.
Bitcoin Miner MARA Holdings Upgraded to Overweight at JPMorgan; IREN and Riot Cut to Neutral
The bank updated its miner estimates to reflect second-quarter earnings and changes to the network hashrate and the bitcoin price.
Bitcoin Miner IREN Hits 50 EH/s Midyear Hashrate Target, Eyes AI Expansion
IREN plans to expand its AI infrastructure at its site in Childress, Texas, with a new data center set for delivery by the end of 2025
Bitcoin Miner IREN to Raise $450M From Convertible Debt Offering
The firm plans on using the proceeds to offset potential equity dilution and market risk.
