IREN's AI cloud revenue is exploding, and despite current losses from dismantling legacy operations, institutional buying suggests a strong buy before potential doubling.
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IREN's AI Cloud Revenue Explodes 142% – Buy Now Before It Doubles! | IREN Stock Analysis
Jun 13, 2026
This video analyzes IREN (Iris Energy Limited), a company pivoting from cryptocurrency mining to AI cloud infrastructure. Despite significant revenue contraction and net losses in Q3 2026 due to intentionally dismantling legacy mining operations, the AI cloud services segment surged 142% quarter-over-quarter. The creators suggest that while headline numbers appear disastrous, Wall Street institutions are aggressively buying the stock, indicating a potential strategic masterstroke rather than a debt trap.
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IRENbuy opened Jun 13, 2026
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