EconomyBernstein says IREN’s $25 billion-$30 billion AI buildout may have spooked investors
Bernstein says IREN’s planned $25 billion-$30 billion AI expansion may have unsettled investors. The company has $4 billion in contracted cloud ARR for 2026 capacity and has secured more than $20 million in annual revenue per IT megawatt through recent deals.
TThe Block★★☆☆☆2026-08-28 12:57Original
Bernstein says IREN’s $25 billion-$30 billion AI buildout may have spooked investors
Economy