IREN's AI infrastructure pivot highlights the industry's shift from crypto mining, raising concerns about execution risks and shareholder value. The post IREN faces $21B funding gap to transition to AI infrastructure appeared first on Crypto Briefing.
The former Bitcoin miner needs billions in capital to fulfill massive contracts with Microsoft and NVIDIA, and the math is getting uncomfortable IREN is turning its Bitcoin mining footprint into an A… [+5156 chars]
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