[Stock Prices Continue to Rise After Transition to AI, Cipher and Hut 8 Hit All-Time Highs] Odaily Planet Daily News: The stock prices of Bitcoin mining companies transitioning to AI and hyperscale computing continue to rise. IREN surged over 13% on Wednesday, nearing an all-time high. The company previously announced $3 billion in convertible bond financing, a partnership with NVIDIA to build a 5-gigawatt AI data center, and a $625 million acquisition of Mirantis. On Tuesday, it also reached a $1.6 billion agreement with Dell to supply Blackwell AI systems. Cipher and Hut 8 both hit all-time highs, with Cipher rising approximately 9.5% to $25 and Hut 8 climbing nearly 5% to $118. Over the past year, Hut 8 has risen nearly 600%. TeraWulf gained over 6% on Wednesday and has risen about 800% over the past year, with its HPC business's quarterly revenue surpassing its Bitcoin mining business for the first time.