Crypto • 2026-04-28 14:09

IREN Price Target Cut as Bernstein Sees Firm Dumping Bitcoin Mining for AI

Fast facts

  • Category: Crypto
  • Language: EN
  • Published: 2026-04-28 14:09 UTC
  • Sources: Decrypt

Bernstein analysts believe that IREN's focus will shift from Bitcoin mining to its growing AI cloud prospects. This has led to a price target cut for the company.

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