IREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU infrastructure, backed by major clients like Microsoft and Nvidia, highlights its shift from bitcoin mining to AI, with capacity expansion and prepayment-backed deals supporting growth visibility.

IREN shares surged after the company raised its AI Cloud ARR target above $4 billion following $2.8 billion in new multi-year customer contracts.

Hut 8 and IREN shares climb on fresh AI data center deals worth billions as the bitcoin-to-AI pivot continues to accelerate.

IREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU infrastructure, backed by major clients…

Raggiungere ricavi cloud AI di IREN a oltre 4 miliardi di dollari grazie a contratti pluriennali con clienti importanti come Microsoft e Nvidia.

Hut 8 and IREN secured multi-billion-dollar AI data center contracts, driving Bitcoin mining stock rallies and signaling a sector-wide pivot

IREN has raised its year-end AI Cloud annualized revenue target to more than $4 billion after signing new contracts with major AI developers.

The Australian data centre operator and bitcoin miner has secured AI search engine Perplexity as a customer, helping it lift revenue forecasts.

IREN shares rose after raising its AI Cloud annualized revenue forecast above $4 billion following $2.8 billion in new customer contracts.