The Block|Sep 03, 2026 08:34
THE BLOCK: Bernstein expects bitcoin miner IREN to generate $17 billion in annual AI cloud revenue by 2030 as it scales to around 2 GW of cloud capacity.
The firm models IREN winding down bitcoin bitcoin:native mining by the end of 2026, with three-year AI cloud contract pricing rising roughly 125% since November.(The Block)
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