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Bernstein Says IREN Pivot to AI Cloud Could Drive $3.7B Revenue

Posted on April 27, 2026
By Cointelegraph
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1 min read

Bernstein Says IREN Pivot to AI Cloud Could Drive $3.7B Revenue

Bernstein sees IREN stock nearly doubling as it shifts from Bitcoin mining to AI cloud computing, backed by a Microsoft deal and a $5.8 billion GPU investment.