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Bitcoin mining meltdown? Why IREN’s real future is in AI, according to Bernstein

By Lance Datskoluo

Artificial intelligence is the real opportunity for Bitcoin miners, analysts say.IREN’s future now rests on transforming into a hyperscale AI cloud operator, rather than mining Bitcoin as it had done in the past, according to wealth management firm Bernstein.Bernstein slashed its price target on IREN to $100 from $125…

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