Crypto

IREN Price Target Cut as Bernstein Sees Firm Dumping Bitcoin Mining for AI

Bernstein analysts see IREN’s AI cloud prospects growing substantially in the coming years—and its Bitcoin business disappearing entirely.

D
Decrypt
April 28, 2026·1 min read
IREN Price Target Cut as Bernstein Sees Firm Dumping Bitcoin Mining for AI

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Bernstein analysts see IREN’s AI cloud prospects growing substantially in the coming years—and its Bitcoin business disappearing entirely.

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IREN Price Target Cut as Bernstein Sees Firm Dumping Bitcoin Mining for AI

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