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Bitcoin Miner IREN's AI Pivot Earns $100 Price Target at Cantor Fitzgerald

CoinDesk•Tuesday, October 14, 2025 at 12:58:05 PM
PositiveCryptocurrency
Bitcoin Miner IREN's AI Pivot Earns $100 Price Target at Cantor Fitzgerald
Bitcoin miner IREN is making waves with its strategic pivot towards GPU cloud services, leading analysts at Cantor Fitzgerald to set a $100 price target for the company's shares. Analyst Brett Knoblauch believes that the stock still has significant growth potential, reflecting a positive outlook on IREN's future. This shift not only highlights the evolving landscape of cryptocurrency mining but also underscores the increasing importance of AI and cloud computing in the sector.
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