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Microsoft$IREN(IREN.US) The global race for AI dominance has intensified the search for permitted electrical capacity, creating challenges for hyperscale cloud providers. Iren is transforming from a Bitcoin miner to an AI cloud infrastructure provider, securing a significant transmission agreement for a data center in South Australia to capitalize on this trend. With institutional backing and a 142% quarter-over-quarter revenue rise in its AI Cloud services, Iren is poised to become a major player in the AI economy as it shifts from cryptocurrency reliance to infrastructure stability. Typically, companies shifting from one sector to another doesn't always end well, but with structured planning and global players' support, I believe Iren will turn out good. @Bridge Buzz SG
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