Bitcoin miners pivot to AI, with IREN's $9.7B Microsoft deal driving 580% stock surge as US blocks China chip access.
Microsoft has signed a $9.7 billion deal with data center operator and former Bitcoin miner IREN, sending both firms' stock ...
Shares of IREN jumped to a record high Monday after the Australian Bitcoin miner and data center company said it inked a $9.7 billion deal with Microsoft.