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Bernstein Sees Iren Exiting Bitcoin Mining as AI Pivot Deepens

2026-04-30 19:57:12

Abstract generation in progress

Bernstein said Iren could fully leave cryptocurrency mining within the next few years as it shifts toward high-speed AI cloud services. Bernstein also cut its IREN price target to $100 from $125 while keeping an outperform rating.

BTC0.46%

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