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Iren announces $625 million deal to acquire AI cloud, support services provider Mirantis. IREN stock is up 31% in 2026.

IREN Ltd. (NASDAQ:IREN) is one of the 10 Stocks Exploding in a Bleeding Market. IREN extended its winning streak to a third straight day on Monday, jumping 8.37 percent to finish at $49.48 apiece, as investors resumed buying positions ahead of the results of its earnings performance. In a notice to investors, IREN Ltd. (NASDAQ:IREN) […]

While RIOT Platforms (RIOT) recently surged 36% in a single month to trade at $18, propelled in part by Bitcoin’s (BTC) spot price recovery toward the $80,000 level, many investors viewing the stock's elevated trailing multiple conclude the breakout is exhausted. This perspective ignores the structural transition underneath the hood. At current levels, the stock commands a Price-to-Sales (P/S) ratio of 10.0x, representing a premium to its 8.3x three-year historical average. (See RIOT valuation m

Bitcoin miner turned AI stock IREN jumped 11% in early morning markets.

Bitcoin jumps near $80,000 as Senators reach Clarity Act compromise on stablecoin yields. Circle Internet leads cryptocurrency stocks higher.

These stocks have been consolidating ahead of a potential breakout.

Both neocloud leaders stand to benefit from rising demand for AI computing power.

Nebius stock rose amid the cloud computing services provider's acquisition of artificial intelligence software maker Eigen AI.

IREN's modeled fair value per share has been revised from US$76.14 to US$70.40, providing a fresh reference point for where some analysts currently anchor their expectations. This shift aligns with a research backdrop in which some analysts are trimming targets, while others still see room for upside. This reflects different views on execution risk and on what investors may be willing to pay. Keep reading to see how these changing targets fit into the broader story and how you can track the...

Iren Limited (Nasdaq: IREN) is a popular Bitcoin (BTC) mining company that has been gradually expanding its artificial intelligence (AI) operations. While Bitcoin mining was once a profitable business, a number of factors such as rising energy prices, higher difficulty levels, lower rewards, ...

Today, April 28, 2026, shaky AI infrastructure sentiment is putting this volatile growth story under the microscope.

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

IREN is pivoting from Bitcoin mining to AI infrastructure. By 2030, analysts project $5 billion in EBITDA, with margins exceeding 80%

In recent weeks, IREN has been highlighted as a pure‑play data center operator after securing a five‑year, US$9.70 billion agreement with Microsoft, underpinning its push into AI‑focused infrastructure alongside its existing Bitcoin mining operations. This long‑term hyperscale contract, combined with management’s US$3.40 billion annualized revenue goal for 2026, underscores both the opportunity in AI data centers and the heavy capital commitments required to build out capacity. We’ll now...

This under-the-radar AI infrastructure stock is well-positioned for growth.