Shares of IREN jumped to a record high Monday after the Australian Bitcoin miner and data center company said it inked a $9.7 billion deal with Microsoft.
Microsoft has signed a $9.7 billion deal with data center operator and former Bitcoin miner IREN, sending both firms' stock soaring.
Microsoft's (MSFT) nearly $10 billion deal with former bitcoin miner IREN (IREN) for data center capacity underscores how the crypto mining industry's pivot to artificial intelligence is paying off.
Bitcoin miner IREN signs a $9.7 billion AI cloud contract with Microsoft, further solidifying its expansion into ...
IREN stock 30% zoomed in premarket trading ahead of the U.S. open, suggestive of furthering a nearly 500% year-to-date equity gain.
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