Coverage of "IREN" on Cryptosearcher: the stories and the context behind them.
Sixteen bitcoin mining stocks rose on Thursday while the Nasdaq fell 2%, driven by Hut 8's $19.6 billion in contracted AI data center capacity and IREN's $2.8 billion in new cloud deals. Morgan Stanley sees the sector's valuation potentially jumping from $2-4 to $15 per watt as miners become AI infrastructure hosts.
July 23, 2026
