[Bernstein: IREN AI Cloud Business Could Reach $17 Billion by 2030, Expected to Cease BTC Mining by End of 2026] According to The Block, Bernstein predicts that Bitcoin mining company IREN's annual revenue from its AI cloud business could reach $17 billion by 2030, with cloud capacity expanding to approximately 2 gigawatts by then. Bernstein expects IREN to cease Bitcoin mining operations by the end of 2026 and notes that three-year AI cloud contract pricing has risen by about 125% since November last year.