IREN’s $25 billion-$30 billion AI buildout may have ‘spooked’ investors, Bernstein says

NewsFri, 28 Aug 2026 12:57:52 UTC1 hour ago
IREN’s $25 billion-$30 billion AI buildout may have ‘spooked’ investors, Bernstein says
IREN has $4 billion in contracted cloud ARR for 2026 capacity and has secured over $20M in annual revenue per IT megawatt on recent deals.
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