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Thanks to a string of major AI deals and an expanding cloud platform, IREN has won over Jefferies, which sees more than 30% upside ahead.

IREN (NASDAQ:IREN) has transformed from a Bitcoin miner into one of the most aggressively contracted AI cloud platforms on the public market, and the stock has rerated to match. Shares closed at $59.96 on June 18, 2026, up 511.84% over the past year. Our 24/7 Wall St. price target for IREN is $114.86, implying 91.55% ... IREN Stock Set for 92% Surge

IREN (NasdaqGS:IREN) has completed its acquisition of Nostrum Group/Ingenostrum S.L. in Spain. The deal adds nearly 500MW of grid-connected power capacity and a local operating team in Spain. The transaction marks IREN's first entry into Europe and expands its AI data center footprint beyond Australia and the U.S. IREN is best known for its roots in Bitcoin mining and large-scale data center operations, and this Nostrum Group acquisition shows how the business mix is shifting. By adding...

TeraWulf gains an edge over IREN Limited as high-margin HPC leasing becomes its primary growth driver with stronger revenue visibility.

Jefferies stated that IREN's 6 GW power portfolio and major deals with Microsoft and Nvidia position it as an emerging AI infrastructure player.

IREN Limited's Nostrum acquisition expands its European footprint, adding power capacity, development sites and local expertise for AI infrastructure growth.

Keel Infrastructure aims to secure three key leases by 2026, but its valuation hinges on turning powered capacity into signed deals amid high infrastructure costs.

Power has become the binding constraint on the AI boom, and one $130 million stock just signed a 15-year, $2.6 billion lease that validates the entire thesis. Wall Street hasn't priced it yet.

SharonAI Holdings secured a six-year compute agreement with Nvidia to build 72 MW of new data center capacity and scale up to 40,000 Grace Blackwell GB300 GPUs, pushing its total AI factory footprint to 132 MW.

IREN now has 5 GW of capacity under its belt with its Nostrum acquisition.

Anthropic pulled the plug on its Mythos / Fable 5 model after the U.S. government raised concerns, and IREN has completed its acquisition of Nostrum for 490 MW of capacity…

Crypto stocks rally after Hormuz deal eases tensions

IREN closed its purchase of Spain-based Nostrum Group, gaining 490MW of secured power capacity and a development pipeline that marks the company's first European AI infrastructure footprint.

IREN Ltd (NASDAQ:IREN) is one of the 10 Stocks That Can Still Skyrocket On The Neo Cloud Boom. On June 3, IREN Ltd (NASDAQ:IREN) reported that it had signed a transmission connection agreement for an 800 megawatt data center in South Australia. This is the company’s first data center in Australia and shows how the […]

In early June 2026, IREN Limited closed a US$3.65 billion investment-grade GPU financing facility linked to its Microsoft AI cloud contract and advanced plans for an 800MW, transmission-ready data center campus in Bundey, South Australia, while also engaging BE Networks and NVIDIA DSX Air to test its upcoming Blackwell Ultra GPU deployment via a digital twin. Taken together, these moves highlight how IREN is trying to reposition itself from a Bitcoin miner into a large-scale AI...

IREN Limited (NASDAQ:IREN) is one of the best young stocks with the highest upside potential. On June 1, IREN announced that it has closed a $3.65 billion investment-grade GPU financing facility to support the delivery of its AI cloud contract with Microsoft. The financing is designed to fund large-scale GPU capital expenditures tied to the […]

Stocks rallied on optimism surrounding a potential U.S.-Iran peace deal and SpaceX's historic IPO debut, reinforcing investor confidence and market momentum

Applied Digital is successfully transitioning into a premier digital infrastructure landlord by securing massive hyperscaler commitments for its data centers.

IREN Limited (NASDAQ:IREN) is one of the best IPO stocks to buy and hold for 2 years. On May 26, IREN Limited announced a purchase agreement with Dell to acquire air-cooled Blackwell systems to support its previously disclosed five-year, $3.4 billion managed services AI cloud contract. The deployment, which represents a $1.6 billion investment including […]

IREN (NasdaqGS:IREN) has expanded its global data center development pipeline to 5.8 GW, signaling a much larger buildout of high-performance computing sites. The company has entered a multi year, $3.4b partnership with Nvidia to supply AI infrastructure, adding a major new customer relationship alongside its existing work with Microsoft. These moves indicate a deeper push into AI cloud infrastructure and a broader geographic footprint for IREN’s computing assets. IREN’s share price sits at...

Iren Ltd (NASDAQ:IREN) is one of the best data center stocks to invest in according to billionaires. Iren Ltd (NASDAQ:IREN) shares have gained around 45% year-to-date and surged 590% over the past 12 months. Iren Ltd (NASDAQ:IREN) continues to expand its data center capacity as it looks to capitalize on the booming AI-driven demand. On […]

Iren has doubled its gigawatt portfolio since the start of the year.

Iren Ltd (NASDAQ:IREN) is one of the most profitable cryptocurrency stocks to buy now. The stock is up roughly 45% year-to-date, and it has exploded more than 590% over the past year. Analysts continue to see upside potential in IREN shares. On June 4, B.Riley raised its price target on Iren Ltd (NASDAQ:IREN) shares to […]

Almost six months ago, our December 2025 piece Analysts See Triple-Digit Revenue Growth in 2026 for These 3 AI Infrastructure Stocks argued that three names sat in the sweet spot of the AI buildout: Nebius (NASDAQ: NBIS) with an annual recurring revenue (ARR) ramp implying up to roughly 1,600% growth, IREN (NASDAQ: IREN) targeting over ... AI Infrastructure Scorecard: Which of These 3 Stocks Is Delivering on Triple-Digit Growth Promises

IREN Limited is expanding into Australia with an 800MW data center campus designed to support growing AI infrastructure demand across Asia-Pacific.

IREN (NasdaqGS:IREN) has drawn investor attention after recent share moves, including a rise of 8.9% in the latest session and a gain of more than 50% over the past 3 months. See our latest analysis for IREN. That jump in the latest session comes after a mixed few weeks, with the share price return down 9.4% over 7 days and 3.3% over 30 days, yet still up 55.3% over 3 months and 38.6% year to date. This sits alongside a very large 1 year total shareholder return that suggests strong momentum...

Dell Technologies recently reported first-quarter fiscal 2027 results showing revenue of US$43.84 billion and net income of US$3.44 billion, while also collaborating with AMD and the University of Cambridge on the Zenith and Sunrise AI supercomputers for UK scientific research and fusion energy work. Together with a new US$1.60 billion Blackwell systems purchase agreement from IREN Limited and a sharply higher full-year outlook for AI-optimized server revenue, these developments highlight...

Bitcoin Rebound Sparks Rally Across Crypto Stocks After Brutal Selloff

Market rotation into robotics, crypto infrastructure, AI data centers, and precious metals is creating opportunities in speculative stocks under $20, including SERV, BTBT, and CDE.

Spot or index ETFs are good ways for ordinary investors to add cryptocurrencies to their portfolios, and there are higher-end options for the wealthy.