The $2 Billion Debt Bomb That Torched IREN, Nebius, and Cipher — Is The Sector Toast?

247wallst.com/investing/2025/11/18/the-2-billion-debt-bomb-that-torched-iren-nebius-and-cipher-is-the-sector-toast

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IREN (IREN) dropped 35% last week despite signing a five-year $9.7B cloud services deal with Microsoft.

Nebius Group (NBIS) fell over 25% and Cipher Mining (CIFR) dropped 30% after Applied Digital‘s (APLD) $2.35B debt offering raised sector leverage concerns.

All…

This story appeared on 247wallst.com, 2025-11-18 18:37:22.
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