IREN Stock Soars 26% After $9.7 Billion Microsoft AI Cloud Contract

07.01.2026 22 times read 0 Comments

IREN (IREN) Rises 26.0% Following Microsoft AI Cloud Deal

IREN Limited has seen a significant increase in its stock price, rising by 26.0% after announcing a $9.70 billion GPU cloud contract with Microsoft. This deal marks a pivotal shift for IREN, transitioning from a pure Bitcoin mining operation to a broader energy-driven digital infrastructure provider.

The company filed a shelf registration of $660.98 million for 17,500,000 common shares, which is tied to its Omnibus Incentive Plan 2025. Investors are now focused on how this dual commitment to Bitcoin mining and AI data center infrastructure will impact IREN's future profitability.

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"The five-year contract with Microsoft is a key catalyst that could help offset revenue fluctuations from Bitcoin mining," noted analysts.

IREN is projected to generate revenues of $1.5 billion and profits of $1.0 billion by 2028, with a fair value estimate of $83.00, indicating a potential upside of 72% from current levels.

In summary, IREN's strategic pivot towards AI and cloud computing, backed by a substantial contract with Microsoft, positions it for potential growth despite the inherent risks associated with Bitcoin price volatility.

Cango Reports 569 Bitcoins Mined in December, Total Reaches 7,528 BTC

Cango, a Bitcoin mining company, reported the production of 569 Bitcoins in December 2025, bringing its total holdings to 7,528.3 BTC. The company ended the year with stable mining operations, increasing its average daily production to 18.35 BTC compared to 18.22 BTC in November.

The total Bitcoin holdings are valued at approximately $700 million at current prices exceeding $93,000 per BTC. Cango's installed hash rate remained steady at 50 exahashes per second, although its operational hash rate slightly decreased to 43.36 EH/s from 44.38 EH/s in November.

In conclusion, Cango's consistent production and strategic investments signal a robust position in the Bitcoin mining sector, despite facing challenges such as a negative free cash flow of $252.44 million over the past year.

Riot Platforms Sells Nearly $200 Million in BTC to Fund AI Expansion

Riot Platforms, a publicly traded Bitcoin mining company, sold 2,201 BTC in November and December, generating nearly $200 million in revenue. The company ended the year with a Bitcoin reserve of 18,005 BTC, valued at approximately $1.65 billion.

This sale marks a strategic shift for Riot, which previously focused on accumulating Bitcoin rather than selling it. The funds raised are intended to support the company's initiatives in artificial intelligence, particularly the first phase of its Corsicana data center project, expected to be completed in Q1 2027.

"A single winter of Bitcoin sales essentially funds the first phase of Riot's transition to AI data centers," stated Matthew Sigel, Head of Digital Assets at VanEck.

Riot's focus on AI and data centers reflects a broader industry trend, as other mining companies also pivot towards cloud computing technologies.

XRP in Today's Crypto Market: A Cloud-Based Earning Model with Fleet Mining

XRP has emerged as a significant asset in the global blockchain sector, driven by its speed, low transaction costs, and liquidity solutions. Unlike Bitcoin, XRP cannot be mined due to its initial creation of all tokens, but it can still participate in earning models through cloud computing platforms.

Fleet Mining allows users to deposit XRP, which is then converted into computing power for Bitcoin cloud mining, enabling users to earn daily rewards without owning mining hardware. This model eliminates the high costs and technical challenges associated with traditional mining.

In summary, XRP's integration into cloud-based earning models like Fleet Mining offers a user-friendly approach for individuals looking to generate passive income in the cryptocurrency space.

Dogecoin Mining Guide for Beginners: Sign Up and Earn Daily Passive Income

Dogecoin has evolved from a meme to a popular digital asset, and its cloud mining model through Fleet Mining provides an accessible entry point for new investors. Users can earn a registration bonus of up to $100 and generate passive income with minimal initial investment.

Fleet Mining automates the mining process, allowing users to convert their deposits into hash power for Dogecoin mining without the need for technical expertise. This model is designed to be user-friendly, making it suitable for both beginners and casual users.

In conclusion, Dogecoin cloud mining through Fleet Mining presents a simplified and automated way for newcomers to engage in the cryptocurrency market, with attractive incentives for participation.

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Article Summary

IREN Limited's stock surged 26% after securing a $9.70 billion GPU cloud deal with Microsoft, marking its shift from Bitcoin mining to AI infrastructure; meanwhile, Cango and Riot Platforms reported stable Bitcoin production and strategic pivots towards AI funding respectively. Additionally, XRP and Dogecoin are leveraging cloud-based earning models like Fleet Mining for user-friendly passive income opportunities in the crypto space.

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