The Vault · 2026-04-28 18:54:06 · Decrypt
Bernstein analysts have lowered their price target for IREN, signaling skepticism about the company's current business model while acknowledging the firm's potential pivot toward artificial intelligence infrastructure. The analyst note points to what they describe as a fundamental strategic tension: IREN's legacy Bitco...
The Lab · 2026-05-08 15:54:58 · ZeroHedge
Nvidia is making a decisive move beyond chip sales, positioning up to $2.1 billion in direct capital into the infrastructure layer that powers artificial intelligence. The company secured rights to purchase as many as 30 million shares in IREN at $70 per share over the next five years, signaling a strategic shift from ...
The Lab · 2026-05-08 17:54:48 · Decrypt
Bitcoin mining operator IREN has secured a landmark $3.4 billion agreement with Nvidia, marking one of the most significant pivots by a crypto miner into the AI infrastructure race. The deal grants Nvidia rights to invest up to $2.1 billion in IREN equity, signaling deepening ties between traditional crypto operations ...