IREN Limited ($IREN) is accelerating a strategic pivot away from Bitcoin (BTC) mining and toward AI-focused data center infrastructure, a shift investors increasingly view as a bid for more predictable, contract-driven revenue in a market historically tied to crypto-cycle volatility. Shares of IREN closed at $59.77, up 5.40% on the session, after trading between an intraday low of $55.94 and a high of $61.40.
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