IREN Price Target Cut as Bernstein Sees Firm Dumping Bitcoin Mining for AI

IREN Price Target Cut as Bernstein Sees Firm Dumping Bitcoin Mining for AI

Summary

Bernstein analysts see IREN’s AI cloud prospects growing substantially in the coming years—and its Bitcoin business disappearing entirely.

Description

Bernstein analysts see IREN’s AI cloud prospects growing substantially in the coming years—and its Bitcoin business disappearing entirely.

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