IREN (NasdaqGS:IREN) Valuation in Focus Following $9.7 Billion Microsoft AI Cloud Deal

IREN (NasdaqGS:IREN) just inked a $9.7 billion, multi-year cloud services deal with Microsoft, drawing fresh attention from investors. This agreement places IREN at the center of hyperscale AI cloud infrastructure and marks a significant step in its transformation strategy. See our latest analysis for IREN. Recent excitement around IREN has sent its share price up a remarkable 496.37% year-to-date, powered by its Microsoft mega-deal and accelerating AI cloud strategy. Momentum has clearly...