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IREN Surges On Australia Data Center Plans, Analyst Shifts Bitcoin Miner Targets

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09:28 AM ET 06/03/2026

IREN stock jumped early Wednesday after the bitcoin miner and AI cloud services provider announced a connection agreement for new data center site in Australia. Bernstein adjusted its price targets on Mara Holdings (MARA), Riot Platforms (RIOT) and Core Scientific (CORZ). Other cryptocurrency stocks were mixed in early trade as the price of bitcoin fell near $67,000 this week. IREN…