IREN stock falls as Wall Street stays split on AI cloud payoff

IREN Limited slipped almost 4% Tuesday. The bigger story for investors is the wide range of Wall Street price targets as the company trades less as a bitcoin miner and more like an AI data-center play loaded with debt.

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IREN Stock Jumps After $625 Million Mirantis Deal Deepens AI Cloud Push

IREN Stock Jumps After $625 Million Mirantis Deal Deepens AI Cloud Push

IREN Ltd plans to acquire Mirantis Inc in an all-share transaction pegged at roughly $625 million, a move that folds cloud software and enterprise support into the ex-bitcoin miner’s expanding AI infrastructure push. Mirantis specializes in cloud platforms and Kubernetes orchestration—software for managing and deploying apps at scale.