Crypto
Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business
As Bitcoin miner IREN shifts toward AI cloud infrastructure, leveraging a Microsoft deal and GPU expansion, analysts expect mining revenue to decline over time.
C
CoinTelegraph
April 27, 2026·1 min read
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As Bitcoin miner IREN shifts toward AI cloud infrastructure, leveraging a Microsoft deal and GPU expansion, analysts expect mining revenue to decline over time.
Original article
Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business
Published by CoinTelegraph