Nostrum Group

Bitcoin miners Hut 8 and IREN have locked in multi-billion-dollar AI infrastructure contracts, with Hut 8's stock surging nearly 30% after announcing a 15-year lease valued at $9.8 billion at its Beac…

Data-center developers are repurposing former Bitcoin mining facilities for AI workloads, capitalizing on existing power infrastructure to meet surging demand. AiOnX closed a $500 million deal on June…

Jefferies initiated coverage on IREN Limited with a Buy rating and a $79 price target, projecting 30-36% upside as the company's AI cloud services business is expected to outperform traditional data c…

IREN Limited, formerly Iris Energy, faces a $21 billion funding gap to fulfill $13.1 billion in AI cloud contracts with Microsoft and NVIDIA. The company plans to raise capital through convertible not…