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IREN Stock’s Power Pivot: Bitcoin Miner Turns Into AI Energy Play

by FeeOnlyNews.com
2 months ago
in Business
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IREN Stock’s Power Pivot: Bitcoin Miner Turns Into AI Energy Play
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AI’s rising demand for electricity is pushing large technology companies to seek new sources of power and infrastructure. Companies like IREN (IREN) are working with AI firms to repurpose their bitcoin mining sites for high-performance computing. The pivot from bitcoin miner to AI power play has proved lucrative for IREN stock, with shares surging more than 500% so far this…



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