The weaker results were tempered by continued progress in the bitcoin miner’s shift toward AI infrastructure.
Here’s what Wall Street analysts are saying after IREN’s earnings miss
The weaker results were tempered by continued progress in the bitcoin miner’s shift toward AI infrastructure.
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Strategy purchased 13,267 BTC for $1.25 billion via the use of common stock and it's perpetual preferred equity STRC.
The decline was accompanied by sharp volatility in bitcoin and weakness in U.S. tech stocks, suggesting a return of risk-off sentiment.
A surprise U.S. airstrike on Iran’s nuclear facilities triggered a market-wide crypto crash, wiping out bullish positions across ETH, BTC and other majors.
The protocol’s “UNIfication” proposal has already crossed quorum, with more than 69 million UNI tokens voting in favor and virtually no opposition as of Monday.