‘Own power, get a $9.7B Microsoft deal’: Bernstein raises IREN price target to $125 following lucrative AI cloud contract

theblock.co/post/377570/own-power-get-a-9-7b-microsoft-deal-bernstein-raises-iren-price-target-to-125-following-lucrative-ai-cloud-contract

IREN's ownership of its 2.9 GW power portfolio gives it a cost and scalability advantage over rivals like CoreWeave, the analysts said.

This story appeared on theblock.co, 2025-11-04 14:59:09.
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