Analyst revises Iris Energy (IREN) stock price target
IRENIris Energy (IREN) Finbold·2024-12-01 23:34

The cryptocurrency market has entered uncharted territory following Donald Trump’s election victory, with Bitcoin (BTC) surpassing $90,000 for the first time. This bullish sentiment has fueled optimism for crypto-related stocks, particularly Iris Energy (NASDAQ: IREN), a sustainable Bitcoin mining company. Leveraging 100% renewable energy, Iris Energy has seen its stock rise by over 49% in the past month, reflecting growing investor confidence in its dual-focus strategy of Bitcoin mining and AI cloud servic ...