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This Bitcoin Miner's Stock Is Soaring on a $9.7B AI Data Center Deal With Microsoft

1. IREN shares surged after a $9.7 billion deal with Microsoft. 2. The company also plans to spend $5.8 billion on Nvidia chips. 3. Shares increased by over 600% in 2025 so far. 4. IREN is focusing on AI infrastructure alongside Bitcoin mining. 5. CEO stated expansion of GPU deployments across North America.

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Why Very Bullish?

The substantial deal with Microsoft signals strong future growth potential, exemplifying successful pivots seen in other tech stocks after major partnerships.

How important is it?

The article discusses significant new contracts and spending that directly impact IREN's financial and operational outlook, crucial for investor confidence.

Why Long Term?

Long-term benefits expected as IREN secures its position in AI infrastructure, similar to transformations seen by companies like Amazon Web Services.

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