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Crypto miners like IREN are pivoting to AI data centers amid the AI boom; IREN's stock, down to $1 in 2022, is up 300% in 2025, giving it a $13B


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2025-11-19 11:40:18
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Jennifer Hiller / Wall Street Journal:

Crypto miners like IREN are pivoting to AI data centers amid the AI boom; IREN's stock, down to ~$1 in 2022, is up 300% in 2025, giving it a $13B+ market cap  —  Developers desperately need access to electricity—and bitcoin miners are in prime position to assist




Jennifer Hiller / Wall Street Journal:

Crypto miners like IREN are pivoting to AI data centers amid the AI boom; IREN's stock, down to ~$1 in 2022, is up 300% in 2025, giving it a $13B+ market cap  —  Developers desperately need access to electricity—and bitcoin miners are in prime position to assist



Source: TechMeme
Source Link: http://www.techmeme.com/251119/p20#a251119p20


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