IREN Limited ($IREN) is accelerating its pivot from Bitcoin mining to AI cloud infrastructure, aiming to reposition itself as a large-scale data center and GPU compute provider just as demand for ‘AI compute’ tightens globally. The strategic shift comes amid a sharp pullback in the stock, underscoring how quickly market expectations have reset for former mining names trying to become AI infrastructure plays.
Shares of IREN were recently changing hands around $41.14, roughly 43% below the company’s record high of $76.87. The move follows an extended rally off cycle lows, after which the stock… Read more
Iran’s retaliatory strikes heighten regional instability, increasing the risk of broader conflict and impacting geopolitical and market dynamics. The post Iran launches large-scale missile, drone
Iran’s actions in the Strait of Hormuz heighten geopolitical tensions, potentially disrupting global trade and impacting regional security dynamics. The post Iran intercepts ships in
A hobbyist running a single Bitaxe device just won Bitcoin’s biggest lottery. On July 9, 2026, at approximately 03:30 UTC, a solo miner using a
Lookonchain reported that a dormant Bitcoin wallet transferred 2,931 BTC, valued at approximately $188 million, to a new address earlier today. This wallet had been
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