Business
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IREN Price Target Cut as Bernstein Sees Firm Dumping Bitcoin Mining for AI
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.
Why it matters
Look past the headline—the real story is how bernstein intersects with ongoing bitcoin trends in the industry.