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Jefferies expects IREN's AI cloud business to outpace data center leasing, sees 30% upside
Jefferies estimates that only about 10% of IREN's roughly 6 gigawatt global power portfolio is being utilized.
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news.bitcoin.com
50-Person Nostrum Team Gives IREN Europe Foothold as AI Cloud Demand Fuels Stock
IREN buys Nostrum Group, adding 490MW in Spain as the bitcoin miner expands AI cloud platform into Europe.
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cointelegraph.com
IREN Enters Europe With Spanish AI Data Center Acquisition
Bitcoin miner IREN acquired Spain’s Nostrum Group, adding 490 MW of secured power as it expands its AI cloud business into Europe.
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theblock.co
Jefferies expects IREN's AI cloud business to outpace data center leasing, sees 30% upside
Jefferies estimates that only about 10% of IREN's roughly 6 gigawatt global power portfolio is being utilized.
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cryptobriefing.com
Jefferies projects IREN's AI cloud business to outperform data center leasing with 30% upside
Jefferies initiated IREN coverage with a Buy rating and $79 target, projecting 30% upside as the former Bitcoin miner pivots to AI cloud services with 6 GW