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IREN: The $9.7B AI Pivot Priced Like a Bitcoin Miner
IREN secures $9.7B Microsoft contract — stock analysis, valuation, buy or sell
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In this deep dive, we break down Iris Energy (IREN) and its massive transition from a cyclical cryptocurrency miner into a vertically integrated AI cloud infrastructure platform. With Adjusted EBITDA margins holding steady at 41% and a projected 5-year sales growth CAGR of 45%, the key question for investors is whether…
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