IREN's strategic pivot to AI cloud services could significantly enhance profitability, but execution risks and competition remain critical factors. The post Jefferies projects IREN’s AI cloud business to outperform data center leasing with 30% upside appeared…
The former Bitcoin miner is sitting on 6 GW of power capacity and using barely a tenth of it, which Jefferies thinks makes it one of the most undervalued plays in AI infrastructure Jefferies initiate… [+3129 chars]
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Crypto Briefing
