Home/ Crypto News/ IREN Stock Drops 6% Despite Surging AI Cloud Revenue: Should You Buy?

blockonomi Aug 28, 2026

IREN Stock Drops 6% Despite Surging AI Cloud Revenue: Should You Buy?

Stocks

IREN stock declined 6% after EBITDA miss, but AI cloud revenue jumped 110% and analysts see buying opportunity with $4B ARR target fully contracted.

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Source: Source: Blockonomi