IREN’s stock is soaring — up over 530% in six months — as analysts backed its shift from bitcoin mining to AI-cloud and a major GPU expansion. Bitcoin miner IREN Limited’s stock (NASDAQ: IREN) blasted ...

Diversification into AI and HPC infrastructure drove sharp outperformance for miners, while pure-play bitcoin miners lagged.

The Bitcoin mining industry has faced a harsher operating environment since the 2024 halving, a core feature of Bitcoin’s ...

Bitfarms is winding down its Bitcoin mining over two years to focus on AI and high-performance computing infrastructure amid falling crypto profits. Bitfarms, one of North America’s largest Bitcoin ...

IREN generated $148 million in Q3 revenue, supported by 326% YoY hashrate growth and disciplined cost controls that expanded EBITDA margin to 56%. AI Cloud now operates 1,896 Nvidia GPUs near full ...

The 2024 Bitcoin halving reduced block rewards to 3.125 BTC, cutting miners’ income in half. This change, combined with higher electricity costs, expensive equipment maintenance and increased ...

Hyperscale Data, Inc. (AMEX:GPUS) shares surged in Monday's after-hours trading on increasing optimism about the company’s intentions to launch Nvidia Corp.’s (NASDAQ:NVDA) graphics processing unit ...

Bitcoin (BTC) mining is no longer lucrative and several leading energy and digital infrastructure companies are exiting operations to pivot to artificial intelligence (AI). The process of Bitcoin ...

The bank kept its buy rating on the stock and $74 target, citing a Microsoft GPU ramp and ample funding options.

Forbes contributors publish independent expert analyses and insights. Korok Ray is a PhD economist/professor who researches/teaches Bitcoin. Early Facebook investor Peter Thiel once advised future ...

Cipher, Terawulf, Iris Energy, Hive and Bitfarms rallied sharply in September, outpacing Bitcoin despite tightening mining economics and weaker onchain activity. Bitcoin mining stocks extended their ...

IREN is now focusing on building on top of its Bitcoin mining core revenues with AI infrastructure. They’re targeting over $500 million in AI Cloud ARR by Q1 2026. For now, Bitcoin mining remains ...