10,900 GPUs in Operation – Expansion to 80,000 Systems Planned: Iren Energy is Transforming from a Bitcoin Miner to an AI Infrastructure Provider. Analysts see Potential of up to $36 (+35%)

Iren Energy (IREN) is one of the most interesting momentum stocks. The company primarily engages in large-scale Bitcoin mining while simultaneously offering a scalable AI cloud infrastructure with GPU computing capabilities. It owns and operates its own data centers with an integrated power supply, ranging from grid-connected power delivery to rack-dense GPU cluster cooling. Its customers are predominantly hyperscalers, AI companies, and some neo-cloud providers. In Q4 2025, the record revenue reached $187 million, with $180 million coming from...