Iris Energy shares plunge 14% on AI computing support doubts

Denis Omelchenko

Shares of Australian Bitcoin miner Iris Energy dropped 14% on Friday after Culper Research questioned the firm’s ability to serve the high-performance computers for AI. Iris Energy (IREN), the Australian Bitcoin mining company, saw its shares plunge 14% on Jul.…

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Iris Energy shares plunge 14% on AI computing support doubts