BERNSTEIN PREDICTS THAT IREN WILL EARN $17 BILLION BY 2030 AND STOP DIGGING BY 2026. MINES

According to The Block, Bernstein expects IREN, a Bitcoin mine, to earn $17 billion a year from the AI Clouds operation by 2030, when the cloud capacity will reach 2 kiva. Meanwhile, Bernstein expects that IREN will cease mining in Bitcoin by 2026 and notes that the three-year AI Cloud contract price has increased by some 125 per cent since last November。