$IREN SURGES 16% AFTER RAISING AI REVENUE TARGET TO $4B ๐ฅ
This isn't just a pump โ a Bitcoin miner just locked in $2.8 billion in new AI infrastructure contracts and lifted its cloud revenue target to over $4 billion. That's a 16% move on real fundamentals, not hype.
The stock is now testing a multi-month resistance level on heavy volume. If it flips this zone, we could see a rotation back into mining plays. Miners with AI exposure are becoming a different beast altogether.
Do you think this signals a broader shift for mining stocks, or is it just noise?
Not financial advice. Always manage your risk.
#IREN #AI #CloudRevenue #MiningPlays #Crypto โก